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Thursday, November 04, 2021 9:01:10 PM
Historically this turd has ALWAYS ended up at the bottom of the cesspool.
That's where it began the year, and that's where it's been heading since May
Countless mergers did nothing to keep it floating.
After FIVE "mergers," the price was down to .001 a year after the first one was announced. There was massive volume AFTER the plunge from gamblers betting on a royal flush that was never dealt.
Another merger and the price hit a whopping .003 that day. Seven months later the price was back to .0001. There was virtually no volume for almost two years after the PR.
By the time the next merger was announce, investors weren't falling for it anymore and the price didn't budge for two months.
Then the new CEO moved in.
Perhaps the saying should be changed from "volume precedes price" to "volume follows price." I vote for "flow follows flushing."
History shows that if you want to catch a run based on nothing every few years, you might get lucky.
But this moon shot fantasy is just pie in the sky.
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