Nascent Biotech Inc. (NBIO)

[FairviewInvestor]

As called time brings decay. Pops were on nice news tibits but fluff none the less.

Then there was that one twitter guy who brought a lot of eyes to it.

now that it's dropped .08 then .07 it won't bode well for the short term investors/chasers that this news brings. New investors don't like the prospect of long term dead money, which this really is. regardless if long term could mean 1000%+ return plus

my concern was that when these new guys run for the door If/When it trades in the lowers .06 that we will see 52 Week lows tested.

I hope for all the die-hard longs on here that doesn't happen, but 4 times out of 5 this is how these things play out.

I'll start re-adding in the .05s but my buying strength won't hold it up.

49 out of 50 penny stocks go to zero. All of them decay with time and lack of news.

good luck to all. Just my opinion.