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Alias Born | 04/23/2018 |
Tuesday, July 20, 2021 8:32:50 PM
Ideas below:
A: This is considered an ATM stock. So there is a group that is flipping the spread daily for $500 - $1,000. Which equates to $126,00 - $252,000 a year minus fees. They Load up on the bid and sell at the ask. If you follow the daily movement, this seems to be the case. Buys will come in, then all of a sudden 25,000 - 75,000 end up undercutting the top person on the ask to make it go red. Unskilled traders see this so called "Wall" gets scared and sells into the bid. There are buyers out there, because someone is sitting on the bid accumulating. At some point the chart gets "oversold" and has a bounce of 20% - 40%... repeat process. It what it is. There are a few stocks out there like this. Being "invested" in CYIO for 15 years, I'm sure you've seen it all. The run to .83 kinda screwed up there lil thing they had going on. They made money, but gained to much attention.
B: Company is diluting shares... Since I'm not really seeing any dilutive MMS, cross trades, T trades, and company has come out and said O/S is unchanged, I don't suspect this to be the case.
C: Company is just complete garbage like a couple posters say. I DO NOT BELIVE THIS TO BE TRUE. For once i will agree with AXLE and say, with this new variant going around maybe the whole health care sanitation side isnt a horrible idea. It can give us revenues and bring more traction to us. They are building a crypto bank, its in start up phase. If you think things are going to be perfect, then come on.
At the end of the day, when the company starts updating regularly and giving us more and more shareholder value, these days wont matter. This reminds me so much of A/L/P/P... now look at them.
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