CdoubleU, yes, that's good news and completely expected.
Last week, sell volume was high while buy volume was low. From now on, it will be the opposite. Everyone who wanted to sell, sold last week. No one wanted to buy last week except for me and a few crazy people.
Seriously, I knew it would have been safer to buy in today rather than last Friday. But I also knew I could fill my order at .011 on Fri but probably pay more like .015 this week. And that's what happened. I got my entire order filled on Fri and today the ask spent most of the day at .015. That could change. And for those of you with orders waiting at .01, I hope you get it on a dip.
But the problem is, sell volume is now almost non existent. Plus, this stock is cheap. (Not a good value, just cheap.) Add the two together, and small buys can move this up fast. Think about it. If just 5 people worldwide decide to put in $5K, that would be about 1.5M shares in buy orders. At these low volume levels, that should push the stock up to .02 instantly. And .02 would get peoples attention and could create another buying wave up to .025 maybe.
But it's very premature to call such a move at this point. First, we'll need to see a bid .015, ask of .016. Then I might make such a call as possible or even likely. But not yet.
