Yeah I was thinking the same thing. People who bought .05 to .08 are selling now .015 .02 .03. but I think some peeps on ihub got a good bit like 200k around .02 .03 and there was one other vol day too i think. so hopefully most cleared out. but it is a old shell so you never know if a rogue old 10 year holder wants out. if they are even watching any more...
these low floats just dont get the vol they deserve. I rem when i first started trading these there were huge vol days. People were all over these plays. stocks .01 running to dollars. people putting in 20 grand or 50 grand on the bid. now your lucky to see a 5 grand bid.
thats all it takes sometimes is the masses seeing a few grand on the bid and people start slapping the ask. but its show short lived even if they do run. run up 500% down 50 to 90% the next day
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