I will tell you why this stock is not going anywhere yet. The market makers are not letting it go anywhere. Thats my opinion and heres the reason. The market maker makes the spread, example: the mm buys at .0001 and sells it at .0002. The market maker makes a profit buy selling you the stock they just bought for .0001 and selling it to you for double .0002. The market makers are doubling their money on every share while the price is .0001 to .0002. All day everyday on this one, thats why they dont want to let this go up. If it goes up then they are not going to double their money on each share. Example: The market maker buys at .0003 and sells it at .0004 thats only 1/4 or a 25% return on each share they trade. Or the market maker buys at .0004 and sells at .0005 thats only a 1/5 or 20% return on each share. Thats why the market makers want this to stay at .0001-.0002 its perfect for them to make big money on the spread, its the biggest spread you will find in the whole stock market percentage wise, its 100% profit (buy at 1 and sell at 2). This stock will not jump unless the company drops the news that will send it into a frenzy that the market makers cant keep up with and contol because buying will be too fast and too much. When and if the news drops it will start to go straigt up in price, thats my opinion.
This is my opinion, do not take anything I say as financial advice.
any thoughts on this please post.
AI
