NextMart, Inc (NXMR)

[pollux114]

That drop back to limited killed the momentum it had. Now with low average volume, the people who loaded on the dip looking for a quick swing are able to keep it from moving much.

But remember, we're not dealing with billions of shares out there. With only a 41M float, those sellers will be out fairly quickly (depending on our daily volume). The run>pull back>consolidate cycle SHOULD be able to turn over here in a day or two, but with this low volume it could take longer, which I think is all we're seeing right now. I haven't done the math on the shares traded during the dip vs. since getting back to PC, but I'd bet we're getting close to the end of the selling at this level.

Nothing has changed, more acquisitions coming, share cancellation coming. Barring any more slip-ups like late fins, I still think we see .50-$1 this year. And I mean stabilizing somewhere in there, not counting what we peak at if/when there's a huge FOMO run.