InvestorsHub Logo
Followers 25
Posts 7079
Boards Moderated 2
Alias Born 06/11/2020

Re: None

Friday, 08/21/2020 6:55:37 AM

Friday, August 21, 2020 6:55:37 AM

Post# of 112647
You can see that we have many new traders here because they are actually debating the efficacy of the current product mix for this company. Take the current share price and divide by the 1:750 reverse split rate at the end of 2019 and you will see the what the reality and opinion of the product is.

I don't believe many here are actually long anymore. I know that I'm not. The play here is short term and no one cares about the financials, outstanding shares, or any other metrics. The only thing here that makes any difference is the companies ability to promote and sell shares. As a trader you play along and make money or you lose.

Yesterdays lack of movement on a new PR was surely very discouraging for those trapped at higher levels. But it was also very sobering for those like myself looking for an entry from which to flip. Lets face it, If this will not pop a couple of cents on decent news then it is done for all involved. Could be that this lack of movement also represents a new top to the potential range for now. This only means that the new entry for this is well below a penny. Just my opinion and perspective from the way that I trade it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATDS News