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Sunday, 07/03/2022 7:26:10 PM

Sunday, July 03, 2022 7:26:10 PM

Post# of 174
A reverse split occurred in this stock because investors did not believe in it over a long period of time, so the SP dropped. Then, investors decided to believe in it again, and it went from .59 ——> 3.86 is 650% increase on the initial news that a share registration was cancelled. Cancelling a share registration made the long period of not believing in the stock disappear in one second. This sets a precedent throughout the market that if this exact scenario happens again then the next stock will also increase 650% and all gaps on every chart will be completely ignored for many sessions of trading without any fear it seems of those gaps filling during a bear market, absolutely bizarre. There are other stocks that have an actual product and gaining government contracts of epic amounts that for 10 days have declined in SP due to bear market conditions and gaps in the chart, maybe a small amount of doubt on the contract being approved, contrast that small amount of doubt, and a gap holding that SP down with the total gamble buying this stock is. When market valuations are inconsistently occurring then something invalid is occurring either in China or with the market makers or both that needs to be investigated and then explained to the investor community how the invalid process occurred.

my posts are always theory and not financial advice

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