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Re: None

Monday, 03/29/2021 7:08:09 PM

Monday, March 29, 2021 7:08:09 PM

Post# of 52137
I'm not a big fan of technical analysis on OTC stocks, especially ones with our kind of volume. Down here I like to analyze MM behavior instead. We've seen some huge moves out of multiple MMs here lately, including a tremendous flex midday where every single MM on our stock piled into the ask at 1.07. I'm not going to pretend to know how to interpret that in the short term...but it is another big move that shows they remain very interested, even coordinated in their efforts.

I would hardly think a display/risk of that kind would be necessary if they weren't REALLY trying to scare off any whales that happened to be swimming by.

I will say that April historically is very good to stocks, and we have a great number of positive catalysts next month. I feel that our short term pain is almost over, and we've held up incredibly. I don't think it's unreasonable to suggest we make another run to 2.00$ before the end of April.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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