20 cents was a solid floor for months also....I remember some saying that everyone should buy then cause it sure wasn’t going to go lower because some mysterious force or entities were going to keep it at 20 cents...
Now it’s all the same stuff being said except the price is 19 cents...
Of course, those bollinger bands have been extremely tight for an unusual amount of time...they want to bust loose on just about anything...
The problem is, there’s no way of telling if it will go up or down...
It might be good news and it will go up...on the other hand, so many have raised so much expectations about what is coming that if ok news comes out the pps will drop like a rock because it’s not what everyone expected....
Pumping the stock when your ceo is lazy and slow is a double edged sword...