Next week it will be clear
If this rebounds I am wrong
If this keeps sinking I am correct on my guess of paid promotion
Next week Monday needs to have 30-40% bounce
May be this was final panic sell day on both stocks
Most MJ stocks rallied all day except WDRP and SIPC
and both dropped near lows at close
MM manipulation, shorting or paid promotion crew dumping
we will know next week
If there is rebound you may be right
However past 5 days NON STOP dump and high volume yesterday looks dubious
Based on fall and similar paid promotion things I have seen in the past my guess is this was paid promotion pump and dump in both the stocks
Other possibility is someone with lot of shares is dumping and trying to buy low later
we will see next week
This needs to have 30-40% bounce - It is OVERSOLD on charts
the chart is VERTICAL drop
My guess is MM will pump this next week
could be they are naked shorting it now on huge spike and cover yesterday on high volume
we will see
Sessions news helped all this
It should NOT have dropped below 0.017 based on chart pattern
This has dropped from 0.029 to 0.014 - UNREAL !!! even by penny standards, that is why I am questioning the whole game P N D here
who is putting millions on ASK on low volume day
My guess is MM or big long who is trying to scare people
Someone should take out that MILLION share on the ASK
if you do and then later you don't see any big blocks - You know big whale is playing games
good luck
I would have loved to buy this based on MJ momentum
However the millions on ASK don't look good
NO ONE puts millions on ask when volume is 2 million !
come on !
My guess MM or short !
we will see
Have a nice weekend
I am just positing my analysis based on L2