I think this thing needs to crack another level under the weight of the conversions leading to sellers capitulation. Those buying here know the facts on the ground and they are just hoping to cash in on another pump. They are not the true believers of the past who are now way underwater on the fiction and will have weak and sensible hands. That pump likely won't come from the company because they really have nothing to sell but rather, like Monday, from those on social media setting up to cash in. Need plenty of new foolish money to make it happen but the OTC is where these fools are cultivated on a daily basis.
In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets items with a purchase price drastically exceeding the intrinsic value if those assets can later be resold at an even higher price.
In this context, one "fool" might pay for an overpriced asset, hoping that they can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero
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