That is an excellent idea. I think all opinions are good unless they are about another poster or unless they say the say thing over and over. When the stock was around .04 my target was .028. I was wrong. When the stock was at .026 my target was .015. I was wrong. I said most people on this board had to lose their money. Many have done just that. The old low is holding which means someone is buying and nothing ever is as it appears. It appears now that there is dilution and the death spiral. But why does the .01 keep holding? Death spirals I have seen before. This does not look like that to me. MMs are not stupid and they have professional traders working this stock. The professional traders do the opposite from what the retailers are doing. I think a lot of retail is selling. We have a few posters here that are buying but not many. It is fish or cut bait time. If the CEO is a crook we lose. If he is not diluting as he says we win big. That is what makes a market. You takes your chances and you win or you lose.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.