Replies to post #211927 on Zerify Inc (ZRFY)

[moneym8ker]

You and I are talking two different things.


You keep saying that $0.0032 should hold and I can only guess that YOU must mean “$0.0032 should hold as far as always closing above it goes”

I keep pointing out that $0.0032 has already failed on an intraday basis WHICH MEANS that there is no reason to believe it will hold as a closing low.

SFOR has already traded intraday (yesterday) at $0.0030 WHICH MEANS that there is no expectation that $0.0032 will be a closing low.

SFOR again traded at $0.0030 today.
That means that perhaps $0.0030 could be a 52 week low and a closing low.

If SFOR trades intraday below $0.0030 then there should be ZERO expectation that $0.0030 would now be the closing floor price of SFOR.


When a stock drops dramatically and capitulation of the stock occurs intraday(of course) then and only then can you take a leap of faith that the intraday low set during a capitulative swing bottom has occurred but that must be marked by :

A.) capitulation on volume
B.) healthy bounce (while still maybe closing red, but possibly green) on volume.


$0.0030 is NOT the floor for SFOR.