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Re: Chartmaster post# 51578

Friday, 02/23/2024 10:03:12 AM

Friday, February 23, 2024 10:03:12 AM

Post# of 77187
Yeah, but that 01 break is fake in my eyes. When they open us that way (18.6% lower than we closed yesterday) it's a clear sign to me that some games are being played to cover... There's no way that .0083 was the highest ask/bid at the open. I don't think it mattered if somebody would've had a buy order in at .01, they still would've sold them for .0083 to drop the ask, then immediately stack under .01 to hold it..... Just more OTC games....

We need something to bring that retail buying volume back and we'll be all good, but for now I think you're correct with .01 as resistance. They'll keep stacking at .01 and lower until we have some volume to combat it..... Could be a rough day here.... Figures. I finally bit the bullet and take small position, only for more OTC games.... However, if they take it low enough, I don't think I'll be able to stop myself from avg down and adding, but we shall see....

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