"To be honest, during the last 25+ years of stock trading as hobby (I have a full time government job), I have seen stocks behave like this several times before.
Call me crazy but after watching the time and sales and Level II activities yesterday, it appears there's artificial suppression of share price so MASSIVE ACCUMULATION can take place.
Who and why? I don't care. But we can all agree that "something" fishy is going on (I have learned over the decades to not fight against the "BIG BOYS" but play along < wink >. I made money last two days buying at the dip and bought again today at $0.103 amazed that SGYP is repeating the action of last two days.
Here's my humble stupid conspiracy. The sudden drop in share price and daily volatility is artificially suppressing share price. Short-term, once whoever is doing this to accumulate X number of shares, I believe powers that control SGYP share price will allow it to go back up under normal market buying pressure.
I will be holding my shares over the weekend as I am playing with "house chips" now and curious what will happen next week.
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