For whatever reason, the MM's are holding CBPC at this level.
I bought a few more shares, because I expect a small run, with a retracement, before a longer run. If that happens, I'll flip some shares, and buy them back at the eventual retracement.
Those 6 million+ shares traded last monday, were very strange. A big sudden volume and still at 0.01,... didn't run, nor fall, with all that volume.
MACD is a little bit above the red line, but I'd say it is more like sideways. The STO above 20 should push the MACD up. Also, the RSI is oversold since a few weeks.
And yes, I'm holding my shares with a few more at .01 and .011 levels, averaged around 0.02. I wish I would have sold everything and bought back at half price, but this is what I have.
I think we need to radar for substantial corporate news. If some huge news or filings come out, I'm ready with a lot of cash to buy at the ASK.
Lets see if we break the SAR and the EMA13 at EOD, for a reversal, with the STO above 20 and MACD up.