Is MDCE bottomed out at 0.0004? Why it is only bouncing up 50% so far from its "New bottom" support 0.0004? It seems we might see 0.0003 again like its peer (LGTT) did...
Anyway MDCE is trading at 0.0006 now v.s. Similar-SS peer (LGTT) is trading at much lower price levels 0.0004 now with a New bottom 0.0003!
Who are those most recent 0.0004 ~ 0.0005 sellers? MDCE had most recent high 0.0029 plus the Updated FIXED Small float (mere 0.9B shares) which entitles Multiple Pennies price at least based on many of its peer's most recent market value at their peaks!
I bet current 0.0006 ~ 0.0009 sellers will soon kick themselves for selling too low and too early...
Its peer (MNVN) has nearly Double amount of float but it soared to 0.0021 today from as low as 0.0003!
Note, MNVN has New bottom 0.0004 v.s. MNVN has Much-Lower New bottom 0.0003!
So MDCE is Much Much Cheaper than MNVN now!
Buying another peer (SEEK) at 0.0028 = buying MDCE at 0.0081 which is 2.8 Times of current 52-week-high 0.0029!