Without news we are definitely testing new lows which was .021 to 022. We just breach it! We need a day off panic selling . Everyday is a slow bleed. If we hold .021 today or tomo . We can build a bottom . This is the second time of .021 in two weeks . I think tomo or the next day we will hit a interday Low near .013 to .015. Right at 4 x sales . Once all the sellers are gone we will start to go higher. But if jimmy is raising capital again it may be awhile and a short term bounce which is the mostly likely out come and Back to a retest of the intraday lows . The good news is I see one big ass gaint clue which I will write about Tomo or the weekend .
Front rat was the only right one . Haha! But to all fairness 95 percent of penny stock retest Old lows before going to new highs !
Reason - lack of capital and heavy dilution. Which you know already . This is what I call the inefficiency of the stock market . Credits gaint Opportunities .