Replies to post #1728 on Response Genetics Inc. (RGDXQ)

[Value_Investor]

I understood your feeling about the price fluctuation --- 50% Down from 0.0020 to 0.0010 with 115,000 shares dumped at 0.0010 in the Same day when RGDXQ hit 0.0020! What is the average cost for those millions shares if you don't mind? The recent price range was 0.0074 ~ 0.0008. Anyway it is better than the other day --- 200,000 shares dumped at 0.0008! But yesterday is worse than another day --- 90,000 shares dumped at 0.0011 after over 200K shares Slapped at 0.0019!

It seems RGDXQ will test its most recent New bottom support 0.0008 again in the coming days/weeks since it could not break up the strong resistance at the most recent New high 0.0020...

[Value_Investor]

Yes, Millions shares already dumped at 0.0008 ~ 0.0010 after RGDXQ hit its most recent high 0.0074! I bet a couple of millions more shares dumping at the bids will drive it down to its most recent low 0.0003 (in this May from the first chart below) again...

Anyway its "Q" peer ever crash to $26K market value most recently --- see the second chart below! Which means RGDXQ should hit 0.0006 in order to match the same MV!

[Value_Investor]

0.0010 x 0.0011 last Friday but no any buy at the dirt cheap 0.0011 (i.e. the current 50-Day MAL) at all and all the traded shares were the sales at the bid!

I'm wondering if the current bid support 0.0010 will be broken down again as soon as this week...

The good news is: It seems RGDXQ has already found a New bottom support price at 0.0008, instead of 0.0006 (in order to match the same market value with its "Q" peer at the New bottom support price) or even its current 52-week low or this May's low 0.0003!