Big money that is buying 10 million dollars at .15 cent/share in the private offering, will not let the retail go under .15, in fact they will try and push it up from here to protect the value of the restricted shares they are and will be buying.
While the price could go under .15 (say the markets sell off 10% in one day in some sort or earthquake panic), this looks like a pretty safe buy the bottom here for a 3 bagger to .40 by year end to me!!!!! It is also a chance to average down for many of us, as weak hands bail out.
But save a little cash in case it does drop to ten cents!
Also the low volume is an indication that the panic sellers have already sold, and there may be a ton of bids waiting now at .15, that may never get filled, but would act as strong support.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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