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Re: StarlingChaser post# 47968

Friday, 02/19/2021 2:46:19 PM

Friday, February 19, 2021 2:46:19 PM

Post# of 63455
As you know that with penny stocks momentum moves the price of the stock which causes one to sell high and wait to see how low it will drop or waith to it drops to be picked up again. Momentum dies out and if no positive press release is issued the stock price would eventually drop. Now, I agree with you and the other investor who stated what was happening, but with this momentum a positive press release needs to be issued otherwise in my opinion it will drop to the range I stated. It looked like momentum stopped, but it picked up.

Nothing odd, if momentum is moving the price of the stock without a press release as fast as it went up it will go down. Just my opinion. My hope is for a positive press release to be issued.

I do not short any stock and neither do I play shorts, I do not bash stocks, I do give opinion even as a shareholder and you will never see me on a board if I do not own the stock.