Bowmo Inc (BOMO)

[mc6102]

A penny would be a unicorn move with this share structure. This was a big move percentage-wise from yesterday morning and it began today with a gap.

All OTC is crap, and I'm not concerned about how crappy a company is, OS, shell, whatever, as much as the level 2, and money flowing in. Reinstatement was a big deal, and look at where people bought today. It gapped. ALL this volume was above yesterday's open AND close. Retail took profit and/or expected gap fill/drop, just as you took profit.

But there were also many, many huge chunk buys in the thousands of $$$.

Think about it. ..don't think an 8k would've taken it above a penny in one day. That's really ok. It might next week because all this volume made the consolidation at this level a lot quicker.

And the fact that you sold? It's never bad to profit, now you can make a re-entry assessment if you choose to do so. With a clear head! Each entry should have their own target exit, imo. Nice job on your profit.