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Re: Pennyes post# 41361

Wednesday, 07/20/2022 3:42:24 PM

Wednesday, July 20, 2022 3:42:24 PM

Post# of 51374
I guess you're new here.....this had it's breakout months ago. From a dime to .35 then from .50 to a dollar. Ever since then, it has continues to bleed.....slowly but surely. Not nearly enough volume here to attract new buyers as every time they drop news, the price pop is smaller and smaller and eventually drops into the red and the slow bleed continues. Where it ends, nobody knows. I remember all the pumpers here saying what a bargain this was when it dropped from a buck to .75 cents....the same when it dropped to .50 cents, and has been stuck it the .30 cent channel for months until it recently dropped to high .20s. I suspect whoever is behind this ticker, shorting the snot out of it, will drop it right back to a dime, then after they accumulated a major stack in that range, they'll let it move higher, to where it belongs in the dollar range and start the whole game all over again. This thing can't make any major move higher any longer as this pattern is well know by the big market players. Most people here are stuck at much higher prices and after averaging down with all these bargain prices, they're just stuck deeper in the hole. This things needs multiple millions of shares traded with relentless pressure on the ask before any shorters here decide to cover. Until that happens, so does the slow bleed.



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