Investors absorbed at least 40 million new shares in the past few weeks. With the Q2 10Q coming up and more importantly an amazing opportunity to make GPS Medallion sales at next weeks 2022 NACO Annual Convention it would be insane for anyone other than a day trader to sell shares now.
The recent dump was THE opportunity for new investors to get in. The hard part of getting in during a dilutive exercise is no one knows how long it will last. Thankfully we never got to the point that many shares traded below 0.0025. But that ideal opportunity has passed (someone may get a few shares but it will likely be hard to get large blocks).
Having just seen so many shares for sell at 0.0025 I get why a new investor would be hesitant to buy at 0.003. So I don't expect much volume to be traded until we get news.
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