The low of day closes usually mean nothing (and the market knows this) when it's done in the last minute when it spent most of the day in the .009-.01 range.
IMO those that sold there at .0086 decided to take a loss from buying this AM in the high .009's up to .011. Very stupid traders but that's just my opinion. Some people are deathly afraid of not making money immediately after buying a stock for fear of losing it all. Another reason is that they feel that if they have to hold it's too scary. Impatience is the main reason for failure in the markets. Fortunately the whales will be there to buy back those shares from those that are poor traders. Maybe that's why the rich get richer? Who knows.
This stock is severely undervalued where it stands whether .0086 or .011 so today means nothing.
The great part is that we are trading towards the upper channel of the past month. The market sees that but we're not going to hear about that here especially those that haven't gotten in yet. Those that haven't purchased the amount of shares they wanted will obviously want to stay quiet about it.
Believe me if someone is accumulating shares here (and it's obvious to see someone is) the last thing they want is to gain too much market attention just yet. It's early October and we're already flirting with .01+
Once the stock reaches it's fair valuation THEN you can debate whether to sell or not especially as filings and PR's come out updating on the current and future status of the company.
Selling at .0086 after buying at .01+ (and I'm almost 100% sure a few people did that today lol) was just one of those uneducated trades from those that don't really bother to understand what this company is about.
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