Replies to post #27362 on PositiveID Corporation (fka PSID)

[Bernie-UK]

Of course the drop is contrived. The problem then that you are missing though is that 100s of millions of shares have been sold on the way down. As it increases, multiple walls will come up as people desperately try and get their money back. There will literally need to be a fight through a billion shares all the way back to 0.001.

For it to float back up as you seem to hope, the drop needs to be short and involve not much selling on the way down. This one has been hammered to death. The most you can hope for is a quick dead cat bounce from no bid back to 2s or 3s. That's all I'm looking out for at this point.