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Wednesday, January 24, 2024 4:44:57 AM
While I can completely agree that it’s frustrating to see the pps at .001 after testing .0013 for 4 strsight sessions - please note THIS DROP IN PPS is on just 5.5 mil shares total. Lol. That’s it 5.5mil. Thst needs to be put into perspective. One retail investor sold off at 13 and pushed this to 10 likely but that’s temporary. Imo.
We just saw 35 mil bought between .001 -.0013 pps. We tapped .0014. Someone took advantage of lxk of retail interest and sold this down from .0013. It’s can easily be back to .0013 with a 5-10mil session IMO.
The weekly looks stronger than it has with the cup and handle forming on both the daily and weekly.
PLEASE NOTE- I defintely reviewed why this stock went through a complete overreaction to the initial S-1 - RETAIL dumped this down to .0008 in a panic after months of .0025-.004 pps. This went through 6-8 more weeks of lax loss selling and then since the start of new year - you can see thr curl upward.
For sure - it can be frustrating - when looking at the day to day trend. But if you look at the last month - and specifically since the NEW S-1 A - look at those larger volume trends. Look at accumulation - and look at buy volume and money flow in.
THE amazed S-1 was very telling too. There are incentives to getting the stock price up and stabilized. There are incentives to securing the govnernment contracts and grants and that means having clean book / filings / reporting standards.
I have said it a few times and I will continue to say it until it happens - when this breaks .0013+ pps with vol strength and forms a baseline above IMO- - it will breakout to blue skies and very Likely — the company will be communicating with shareholders along the way as to why it now represents a better investment opp for qualified investors off its S-1- then before.
Have a nice rest of week. Next round of high volume trends and we should be pushing up against the 13/14 break point imo.
https://investorshub.advfn.com/$UPER-$TOCKS-DD-and-RESEARCH-FORUM-31721/
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