Monday, January 31, 2022 12:09:40 PM
That said, a few thousand dollars worth of shares changing hands doesn't really determine the value of our shares.
There's just no volume or support here so all it tells me is that even if I wanted to sell my shares, I couldn't.
If someone had $100,000 right now and wanted every share they could get their hands on.. we'd be at 3 cents. If someone wanted to sell $100k worth, it might drop us below 1 cent.
Point being, one person selling or buying can make a huge difference, but has very little bearing on the long-term value here. So.. while this is discouraging to see... it's also temporary and meaningless.
... and WTI keeps heading up as we speak....
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