InvestorsHub Logo
Followers 49
Posts 2258
Boards Moderated 0
Alias Born 02/10/2014

Re: Sconi13 post# 6754

Thursday, 01/07/2021 2:06:11 PM

Thursday, January 07, 2021 2:06:11 PM

Post# of 11490
I think the reason Mike was pointing out the $3 share price was to point out high high the SP has been in the not too distant past. Given the share structure; the small float; and the clear strong hands that are already invested, it's not a stretch to think that previous 5 yr high is within reach. Especially considering how little resistance there is to get there. If you go look at the chart back then, the share price plummeted on little to no volume. Meaning, there's not a bunch of old bag holders in those price ranges waiting to get out at $1 - $1.50 - $2 etc. Very little resistance