Hopefully the new diluting rules will help slow down the diluting pace so that SNVP can breathe a while! Let's see if any diluting MM shows up in the coming week? Otherwise SNVP should easily bounce to either 0.0005 or 0.0008. With very strong slapping volumes we may see 0.0014 again in the coming days/weeks...
Well, 7B shares Giant AS is the only reason to force so many shares (500M ~ 1B shares) to be dumped at 0.0001 before by all the individual investors, not mention Hundreds of Millions shares were diluted Below 0.0001 by those Diluting MMs! Otherwise a stock with just 701M shares OS should be traded at much much high price levels because even at its recent high $0.0014 SNVP only had $982K MV.
The good thing here is that BMIC has already stopped the Giant dilutions since 2018! Hopefully no more OS dilution in the future...
From the chart below all the technical MALs (200/50/20-Day) are at the same price 0.0001 now.
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