It can hold if peeps would just buy the ask. It doesn't help to have them so far apart. We could be at 4 cents easy, but some people feel it necessary to sit low and flip this at the expense of everybody else. This behavior is scaring people away. Just my 2cents.
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.