Grapefruit USA Inc (GPFT)

[madtig6]

For the last hour it is cycling between .145 and .130.

That is a big range for this thinly traded stock ( usually thinly traded)

I would not commit ( speaking personally here) to buying back in until the weekly chart broke out from the downtrend line and from the MAs noted on chart

News like this usually promotes "flash in the pan" trading ( don't forget about the MMs who have probably stockpiled lots of low cost shares ) Fun to day trade , but calling for extreme caution for longer term holding.

What has REALLY changed ?

http://stockcharts.com/h-sc/ui?s=IMGG&p=W&yr=1&mn=4&dy=0&id=p68729561985&a=228108388