Most of last week this stock would go up quick in the morning as if a run was about to happen. I believe that’s what kept the flippers from selling, holding out for a higher price. Friday morning the momentum was obviously gone, so the flippers started getting out to make their money somewhere else. Most of those flippers will be back when they have more money to spend or they think this is about to run again. Some will get in at a lower price, others will chase it higher.
Find any stock that started in the low pennies and went to .20 or .30 and then look at the message board for that stock during the time period just before it made its run, (ATRN is a recent example) and the same conversations went on that we see here. Hard to believe anybody would sell a stock with such price-to-potential ratio like this one has, but it happens all the time. When this stock moves again, the people who are sitting on the sidelines right now waiting for it to go just two hundredths of a penny lower before buying it, will kick themselves that they waited……that also happens all the time.
Just remember this is just a shell , and I don’t think a lot of people really know about this company yet; in fact, I did a quick search and it looks like IHUB is the only place anybody is talking about this stock right now. That will change when the PRs start coming out. As someone stated previously, this thing hasn’t even started yet.
AI
