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Re: Southern Gal post# 30599

Monday, 05/01/2023 6:48:32 PM

Monday, May 01, 2023 6:48:32 PM

Post# of 32609
South Girl, the float is locked. That is why hardly any volume. That situation can be a positive or a negative. If there is demand for the stock there will be no resistance to take it higher quickly because shares are just not available. However, if there is someone attempting to liquidate a position then there will be no resistance to take the stock lower. That is happening now.

With the overall sentiment being that of a Bear Market, and the company not able to grow as quickly as they projected, the latter situation is being experienced. Once a 10k is released and reflects growth inline with the company's projection, then the stock price will rise quickly above a penny and multiple pennies there after.

It is ashame that someone has lost patience and has been selling but it is creating a wonderful buying opertunity for others looking for an undervalued stock. $CAVR is all of that!

Snoof77
Bullish
Bullish