Any longs here notice the pattern of pumpers in the morning and "bashers" in the afternoon on days like today? I'm no basher, but I'm no pumper either, like most of the longs, I just sit and don't allow my confidence to be shaken in either direction. Anyways, from the amount of cash traded today in both ways, and the lack of movement up OR down, it's hard not to be a consipracist.
If it truly was dilution, this stock would not hold steady at .0003, that being said, interesting that the negatives came in right before there was increased volume at .0002. It seems someone has a lot to lose if the price increases (shorters?). Volume today was very encouraging, honestly, for myself, a planned long. I never expected it to reach 4 today due to the amount of money in shorts out there, and the amount of protection there would be in place for people who would need to cover on the increase.
Remember, today was only the first step. Rome was NOT built in a day, and when shorters declare all out "war" like today (which is how I saw it) we are in for a bumpy ride over the next couple of months at the most. Hold on tight, if you CAN!
GLTY and GO CGFIA!
-Soup-
All comments are in my own opinion and should not be substitute for one's own due diligence. They should also not be considered as advice for purchasing or selling any stock.
