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Re: Frayed Knot post# 131899

Wednesday, 10/19/2022 11:39:09 AM

Wednesday, October 19, 2022 11:39:09 AM

Post# of 132257
I don't remember the claim of 0.018 being called the bottom. It obviously wasn't, even for the short term, with a brief look at the chart. 0.027 was called a bottom, and it was for a couple of dead-cat type bounces before it resumed a downward trajectory. The long-term trend still remains downward, and 0.0001 is not out of the question, even in the near future. The question really is whether 0.0002 is a bottom for short-term trading, and that may be. We'll see how this shakes out. This doesn't change or effect positions of whether this is a great company (not sure how many hold this position) or a scam company and stock, and I know there are those who hold this view. Sadly, for longs, there is evidence to back up that claim.