Replies to post #6037 on Resonate Blends Inc (KOAN)

[mdimport]

Anyone that bought $TXHD at $0.0030 or lower would be crazy not to sell $TXHD at $0.0045 and book an easy 50% gain.

There's going to be a big fat wall in the millions of share range between $0.0045 and $0.0060 based on the trading volume over the past week or so, and also as traders scramble to mitigate their losses.

Let's put it this way: If you invested a hypothetical $3k and were down 50% and could walk away with your $3k ($0 gain, but 100% of your principle back) -- would you? That's why there's going to be a massive wall.

After that $TXHD should turn down into a lower trading range (mid $0.0010 range) because the convertible debt selling isn't close to ending.

Although the standard chart doesn't show it, most of $TXHD's trading over the past 4 months has been hits into the Bid. Over time the Bid has repeatedly been broken and new lower trading ranges established. That's a classic pattern in a toxic convertible debt scam.