CYIOS Corporation (CYIO)

[Xeroe]

I think for a while it was the toxic MM's that were taking advantage of low volume to continue to degrade price & accumulate larger positions.

Last week or two they have stepped back and it has looked a lot more like retail swing traders doing the same... buying a chunk, throwing it up on ask to stall price movement... waiting on bid for bored traders to give them their shares. Much clumsier than the toxic MM's.

Regardless there are certainly some traders who would like to enter but don't like this recent action & are turned away.

In any event, it's simply a test now to see who will lose patience first. I suspect most who accumulated millions of shares ea in the .02 range continue to hold and won't be shaken out. What's 8, 10 or 12+ more months if you've already held for 6 or more? Might just be projecting though.

Eventually we'll see retail short term traders find the ticker again en masse like in jan/feb OR the company will take action to support a more healthy sustained pps increase. O'Shea has said he's not looking at share price NOW... but that doesn't mean that he won't ever. At some point they'll be ready to look at uplisting and will need a concerted IR push to bring in the right kind of investors and get the stock to the levels required.

In the meantime I just continue to buy my weekly allotment no matter the price and lock as much of the float as possible. That and try to keep curating a record of events as they occur. Even though it's kind of fun to watch intraday shenanigans, really all of that is just noise.