Im not going to argue. Ive been doing this since you were in diapers. When this was at .0018 it moved to .003 with virtually no volume.
it took us nearly 5M just to move up a single tick today. WIth the price trading this much higher the stock should be moving easier, but its not. There are a ton of shares hitting the market. Ive been aware of this for a while based on trading. I didn't care though because the price was moving up.
Today the dumping was excessive which is why we lost all support and fell 55%.
Do you really think a stock can trade 75M shares in a day with a float under 100M and move only this much?
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.