Heaven help the penny stock buyer....it is the only place in the world where people won't admit waiting to buy something cheaper is a good idea. The stock is trending down because someone is selling. That and very little volume are your answers, and if you TRULY believed in the stock, waiting makes much more sense because you'd believe you had plenty of time to get in. Instead you all languish for years. Here is Friday's late day trades. Someone convince themselves these aren't sells.
02/07/25 01:56:59 PM 5 0.0081 5 0.0096 1489 X 800 BBO 02/07/25 01:56:56 PM 5 12500 0.0089 02/07/25 01:12:09 PM 5 0.0081 5 0.0097 1489 X 100 BBO 02/07/25 12:56:04 PM 5 2000 0.0097 02/07/25 12:17:16 PM 5 0.0081 5 0.0097 1030 X 100 BBO 02/07/25 12:17:11 PM 5 0.0081 5 0.0090 1030 X 1040 BBO 02/07/25 12:17:11 PM 5 0.0081 5 0.0090 1030 X 1596 BBO 02/07/25 12:17:11 PM 5 0.0081 5 0.0097 1030 X 100 BBO 02/07/25 12:17:11 PM 5 55555 0.0090 02/07/25 10:33:41 AM 5 50000 0.0096 02/07/25 10:33:40 AM 5 0.0090 5 0.0097 555 X 100 BBO 02/07/25 10:29:00 AM 5 0.0090 5 0.0096 555 X 500 BBO 02/07/25 10:19:11 AM 5 45500 0.0090