Thanks, Spock. And, yes, that's the reason. The extremely tight float. It doesn't take much to move it. It's a volcano that could blow it's top any day. But no liquidity either. The bid/ask spread is huge. That is a negative to virtually everyone but me. Liquidity only has a legitimate argument for big fish. All it takes is one 10,000-bid at the right time at the right place for a complete exodus at massive profits and no closing costs. Ironically, the 99 percent that use that erroneous argument probably have a rental property.
And when you control the supply, you can wait it out. Like most things in the market, many falsehoods dressed up as "pearls of wisdom." And that's why the market moves against virtually everyone and their pearls of wisdom.
I like making my bed on Mount Vesuvias! Sure, it has a skull and crossbones warning sign. Just the way I like it. Trespassers, keep out!
And, no, that wasn't me that bought those shares yesterday. Whoever bought those shares is going to sell me every one of them below .28. It doesn't matter what I say. They will capitulate and sell every one of them to me. Their mind will play tricks on them. They will overthink. They will forget their original mission. They will get impatient. They have the attention span of a gnat. They will want a depreciating asset somewhere. They are not adapted or mentally prepared for the journey that lay ahead. Their money belongs to me! :)
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