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Re: Midwestrader post# 97440

Saturday, 07/18/2020 12:00:49 PM

Saturday, July 18, 2020 12:00:49 PM

Post# of 102936
I agree, in fact I have said the same about hundreds of .0001 plays over the years. If everyone believed they were coming off no bid then why not buy up 100 million shares at a time? Only $10,000 per 100 million at .0001 and the fact that that’s $1 million bucks at .01 is well worth it if you are that confident! So why not the buying here?
Answer - no one is EVER CONFIDENT on these as much as they claim! Reality is it’s HOPE and even though some do run off these levels to .02 and even beyond, MOST AND I MEAN MOST NEVER EVEN BUDGE OFF DOUBLE! $SUTI May or may not move beyond .0002 and it may or may not cross .01 but odds are NOT in favor of it moving at all. Not with the history of hitting this level of follow thru and then SILENCE! It needs to see further truth!