Dilution is the driving force behind this downward spiral. The volume is definitely soaking some of it up, but will it be enough to keep it up for long, who knows.
This stock reminds me of VAPE, although VAPE had many more notes outstanding. MYDX had around $500k outstanding as of last week, whereas VAPE had $2.5 million around this price. Vape got down to .002 before bouncing back up to .01.
I think this will go down a little more, but not as severely as VAPE. And when it rebounds, it will be fierce. This is wound up tight.
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