I am seeing some dilution here, could also be tax loss selling drove this down
That pump to 0.0086 on huge volume , I did not like
Looks like new shares are released here based on that huge volume spike. MM are now shorting the stock, hence they ran the pump
wait if you want to buy
if you see 1-2 million blocks getting dumped - this is heading RSHN way, just watch Level2 closely
If the volume drops now - we are ok
But watch level2 like hawk now
That 20 million pump to 0.008 was not good..
This stock never gets that kind of volume
watch carefully
If your 1-2 million 0.0044 bids get eaten in seconds - That's huge RED flag
watch carefully level2
if volume drops to 1-2 million - It's good..
but volume remains this high 4-5 million even in new year and stock barely moved - DILUTION is definitely in !