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Re: Pennyes post# 47994

Friday, 02/19/2021 3:18:54 PM

Friday, February 19, 2021 3:18:54 PM

Post# of 63478
I've been doing this for a while, consolidation of 50%, close to yesterday's low, is not a good short term sign. I have no idea what the long term potential is as that will depend on the company, shareholder strength, and dilution... but considering there is a good amount of dilution (~300 mill shares a month so about 10 mill a day on average), I dont blame people for wanting to jump ship.

The company needs to pay their debt or whatever. I will be VERY surprised if this reaches .10 with the type of dilution and games that are happening.

To be fair, it is Friday which notoriously means people sell their stocks, but idk. I do think people may be able to get cheap shares next week unless there is news or something else happening. Obviously my opinion and I hope that I am wrong as I'm holding.