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Re: redspeed post# 75720

Friday, 08/12/2022 12:06:25 AM

Friday, August 12, 2022 12:06:25 AM

Post# of 99086
So here we are ...just over a month since this was written....


MONI is above a penny on some days and below a penny on others

Maybe a better statement is...

Why does MONI sort of average or gravitate around a penny?

Pretty simple answer. A stock with near nothing volume on a daily basis can easily be manipulated. If the sp was higher or the volume was, then a bit harder.



......and MONI is most certainly not below a penny on any days and isn't gravitating around a penny.

The volume has been a LOT larger than when it was gravitating around a penny and at 2 and then 3x as high as the prior gravitation mentioned.

So, there goes the fairly tale about MONI being easily manipulated on near nothing volume on a daily basis.


MONI has some resistance here in the .03 area...which it hit today. But I have a feeling we'll be getting past that too.


And the only manipulation happening will be that of some trying to manipulate current reality.

Can't have it both ways. If the above was a problem, then that problem no longer exists since...well, none of the above criticism exists.


.0295 ( which is quite a bit higher than something gravitating around a penny )



MONI