And most likely the people flipping exit lower and lower to avoid getting stuck in bad trades which results in the dreaded chart killing lower lows and lower highs. Without good news this stock continues a down trend.
Here is a Motley Fool followers post from a year ago. Just goes to show what hope and reasoning are worth in a penny scam stock. Mind you it was 20 cents a share back then.
"I am holding onto Airline Intelligence Systems (ASYI) because Merus Capital put over $1,000,000 in the company. Their management team is extremely intelligent, with 2 ex-Google executives. The company is a long term hold, for more information on the stock check out their webpage listed below."
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