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Stock_Goodies

08/13/18 10:01 PM

#93813 RE: Lakota-45 #93812

It's pennyland...nothing is logical. Probably just another self-fulfilling prophecy like the "Clay Curse."

We're extremely undervalued here with increasing net profits and no dilution...that'll only last so long.
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Smokey810

08/13/18 10:04 PM

#93814 RE: Lakota-45 #93812

I believe it’s because of an inverse relationship to the big board stocks.

Not positive on this, but I believe historically penny stocks do better when the big boards are down.

I am very sure about this, August is historically the worst month of year for big board stocks. Not sure the reason, it just is consistently.

Thus, as fall approaches, more eyes and movement on the little guys vs the big guys. I’ve heard ppl refer to summer in the otc as the “summertime blues”.

Just opinion/theory. No proven data to back it up.
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thesmallguy

08/13/18 10:40 PM

#93816 RE: Lakota-45 #93812

It's like any other business that slows down during the summer. People take vacations, work less. There's less demand, hence volume. People take their money out if the market for a while.. espe ially the OTC which can be volatile moment to moment.