We expect .035 by noon, or sooner...
Then the copi shorters will be back,
and drive copi down to .025 by Monday or Tuesday.
Then another weak volume bounce, like yesterday,
because the over-invested longs are out of cash.
Then, another round of shorting, into the high .01s
Once copi is back in the .01s , its stuck,
except for drifting down ~10% per month,
like the average money-losing, diluting, pinky + penny.
When/if the 10-K is posted, we expect it to show
copi's biggest loss ever, IF, it is actually signed
by an Independent Auditor.
Then copi goes sub-penny, and tries to find more toxies,
as it keeps burning cash, that it does not have, and
keeps losing, every quarter.
This is just our prediction, after doing our DD,
and comparing it to the average penny/pinky.
copi is much worse than average, in 5 big ways :
1] The 8x-Super-Toxic "Preferreds" , that control all voting.
2] The excessive/repetitive/hope-base optimism of copi-fans.
3] Continuing massive dilution because no profit is even
possible for many moons, as even admitted by the CEO.
4] A gagged TA, who can't say what the 'Fully Diluted' is.
5] The lack of PR's, even though copi pays for outside IR.
[Why do they waste cash for an outside IR that does nothing?]
extra, Sincerely
and, we'll be back, shortly, and frequently,
until copi quits bouncing, and settles back down,
into the .01s , where copi was, ~2 months ago,
before copi's massive toxic dilution was explained.
Averaging-down is profitable, for shorters, only.
