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gvandalay

11/07/17 12:31 AM

#42579 RE: nyt #42562

I don't necessarily think it will go too much lower because there's not much incentive to sell at these prices, is there?



The general psychology for those highly underwater and looking for that next tidbit of hope. Unfortunately there are MILLIONS UPON MILLIONS of free shares that have been issued for "SERVICES RENDERED" (of which the company has never disclosed an iota of any information as to what these services were), which can be sold at any time and are most likely being sold. A little here, a little there.

Would you rather sell off a batch of shares at 2 cents or 1/2 of a cent? IMO it will get to this point, and rather quickly. <1 cent might present some opportunity assuming positive developments other than rumours, arise.