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Re: subslover post# 12647

Tuesday, 06/25/2024 10:25:32 AM

Tuesday, June 25, 2024 10:25:32 AM

Post# of 13451
Hopefully by "Official News" he doesn't mean that today's tweet will be put into an 8K then recycled. Hopefully he means that the company's dropping some "additional" (official) news. This is part of the reason I don't like many of these IR firms that deal with OTC stocks. They're often very misleading and/or build up every update/news in advance of it dropping, as though it's going to be something HUGE. For example, Steve's LinkedIn replies from yesterday said that today will be "more significant than others." When I hear something like that, it leads me to believe that it will actually be more significant, and by more significant, I mean it will bring in the volume and sustain a nice increase. Don't get me wrong, I believe that signing an NDA is good news and a nice step in the right direction, I just don't believe it's definitive enough to bring in the volume, and definitely don't agree with Steve's reply that it's "more significant than others." The NDA is good to hear, but I personally don't think we will be able to sustain any of the short term spikes until something more tangible is announced (Hopefully that's the "official news" that Steve is referencing).

One of these morning's I believe we'll check-in to see 8+ MM's on L2 pre-market. That's when we'll know the volume is about to hit. Until then, with such low volume and large spreads (spread seems to remain around 10% or more), it only takes 1 small bid-whack to drop us 10-15% or 1 small buy to move us up 10-15%. Because of this volatility, the next couple of weeks should provide a good entry for anyone who has yet to discover PWDY and/or more opportunities to add super-cheap shares for anyone with the $$ to do so...

And just to clarify for anyone who misinterprets this post as bashing, it's not. Like I've posted several times before, the accumulation since June 2023 tells me the story of what's to come. I'm confident that we'll eventually see some sustained increases, but just not until we gain more eyes on us and/or more volume; and for that to happen, I think it will take some TRULY significant/definitive/tangible news, which I believe is coming, but still several weeks away...

That said, for today, I unfortunately believe we'll be lucky to hold above 0.0046 all day, unless we a substantial increase in volume as the day moves on. However, it's still early, so we'll see what happens....

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