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Friday, December 30, 2022 8:10:16 AM
That’s also a deterrent for buying at the ask because the shares bought on the ask at .934 can instantly become worth .65 if someone else sells on the bid or if the buyer decides to liquidate.
I think the spread will tighten once we are back in multi dollar range as it did the last run.
I don’t expect much more to happen till they issue another PR, merge in the financials (next quarter or annual report), file for a forward split, name change, or ticker change.
All my posts are nothing more than my opinion. Please, do your research of fundamentals, technicals, and due diligence before investing in any stock -especially penny stocks as they are extremely volatile.
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