For all those in fear I'm going to hold your hand right now. Listen up:
1. A lot of the selling going on are day traders and those that are most likely newbies and panic selling.
2. Yes, you can get a divvy in penny land. I've had it happen to me. I'm going through my old statements to find out which company it was but it was about 1 or 2 years ago (You can believe me or not on this one. I don't care)
3. If I had to guess you will start to see some buying and pps movement north tomorrow. And by movement north, I think we will see significant gains retesting .009 simply in preparation of being on record for the dividend.
4. Those that are claiming the chicken little routine, those are the guys buying. Trust me.
5. Another huge thing here in penny land. Look at management. There are some pretty bad ass, educated dudes running the show. This is not a fly by night normal run of the mill penny with shady management. I ALWAYS look for this when going long here in penny land.
6. Everyone just relax. You are early to the party. Wait till the entertainment shows up, and the champagne is popped.
I hope this helps. Good luck to all.
IMO
