Reverse Mergers & Low Float Plays

[Potse]

AFDG(.055)...selling pressure seems to have decreased......

The timing on my initial entry and other early additions (mostly at 2 cents) to my position turned out to be pretty poor. Selling pressure turned up shortly afterwards. I added a 500K block at .0045 yesterday to bring my average cost basis down to .0116 per share.

Picked up another 250K shares at .0041 since the above post. Brought my cost basis down to one cent with that purchase. The intensity of the selling pressure on AFDG a few weeks ago was definitely a little concerning. I'm not sure if the seller is finished, or just taking a little bit of a break, but the relative serenity of the stock in the last couple weeks or so has been somewhat more comforting/encouraging. I'm going with my gut feeling that this downward pressure was/is not an indication of something seriously wrong with the company or stock.

If that seller stays away, and the VCXA SPAC completes the acquisition of African Agriculture Inc, I would think the potential upside from around this .005 price area could be extremely interesting.