Hi IPRE - I don't see it coming down much more and hope I don't miss my opportunity on this cycle as it is. When I look at the big spike of 30 million shares on the day she went from .0002 to .003, I would imagine that the early volume resulted in pretty wild up-ticks that day. I don't know how to verify this, but I would imagine that a lot of that volume would have been bought above .0008, with .0015 maybe being the average buy price on the day - just guessing though. There would have been sells in there of course, but it looks like a lot of people held due to the small pull back at the end of the day.
Even so, and at an average of .0009, that is only $45,000 in value.
Despite the wild rise and some other "big" volume days, I don't see too many people giving it up at this point.
I definitely agree that a pullback was necessary from that high, but based on the amount of money that has flowed in recently, I don't think there is that much new cash in when I look at it so for a lotto play, I think it is worth it.
GL with yours !
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