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GainzTrader

05/16/21 9:06 AM

#59774 RE: Anikau #59772

Not sure my opinion matters here, but my guess is higher-than-avg volume across the next two weeks, as whatever type of accumulation or buyback magic is happening at these levels resumes.

SP likely hits a floor around .0022 and consistently trades in the .0024 - .0025 range.
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gemmerling

05/16/21 9:11 AM

#59776 RE: Anikau #59772

The stock price will go wherever the MM's want to execute the block trades at watch CFGN this week he seems to be the one setting the price currently IMO. We know it isn't dilution since the share structure has stayed the same for weeks. The MM's will following him. He set the price at .0025 last week so the block trades could execute at .00255. We will definitely hit .0024 next week the bottom of the current channel the channel could move down a few ticks it all depends on the buy volume and if the MM's are forced to cover like many were saying that the new rules will cause. I will believe it when I see it though LOL. It is too bad the current auditor has way to many clients to give $PHIL the time they need to get current sooner than the end of June. Go $PHIL