It's tough to know where stock might be coming from
to form a $ .0004 resistance level.
Just adding up all the volume over the last 12 months
( not including the last 7 days ) you come up with
about 1 Billion shares. The prices were generally
between $ .0001 and $ .0003.
In the last 8 days, there has been roughly 650 Million
shares traded; and, based upon the sales, most were
done on the ask price, vs the bid price. So, most of
the volume lately has been pure buying-based.
If we take into account that the 12-month total of
1 Billion might have been 50/50, 60/40 buys or sells,
then we should be getting pretty close to running out
of any stock from people who are flippers.
Of course, that is a pure guess on my part. But, the
volume in the last 8 days has been, by far, mostly
buying volume...not selling volume. I've watched the
screen.
I would tend to say that position-trading is occurring
at the moment, in anticipation of something to be
announced from DCUT...and, a far bigger move to the
upside is coming, as a result. The positioning could
be from Market-Makers, or people-in-the-know. There are
a lot of rumors floating around concerning DCUT.
Wouldn't it be a kick in the ass if DCUT explodes ??
Flippers think they are being cute, when in fact they
end up leaving a huge profit on he table. HA.
