If you're suggesting that we have a big selloff coming, I think that's an exaggeration in this case. It's true for most stocks, especially penny stocks, but not CMGO so much. While the tax sales in December are common, CMGO shareholders are known for holding long and NOT selling their shares. That's evidenced by our low volume. That selling typically doesn't increase by much at EOY for CMGO.
If anyone gets the idea to sell now and buy back later at lower prices, I think the low price dumpers will be far and few between and many of us will be fighting over those shares, so it may not be such a good flip with this stock.
On the 2 year chart the only really long candles I see are 3 green candles, not red ones.
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