i do believe "smart" investors are abandoning this for a multitude of reasons. who can blame them. some people still have 1000%gains in this. at these levels, the company's value has not been established through revenue projections. they still seem to be in the r&d phase, and nobody knows really where that will end up. yes, they may be very optimistic, but optimism takes you only so far.
500 the stock rocketed up to .15 nearly overnite and is now selling back. Stocks do not rise in that fashion and sustain the gains. It's always artificial when a stock goes from .03 to .15 in such a short period of time. The stock will travel back to the .03 range and probably lower based on the selling pressure.
Penny stocks do it all the time. Hire a few peeps to create the awareness, hope the MOMO pushes it up and then sell like a raped ape all the way down.
Unless, you are prepared to explain how this company could support a market cap if the stock was to remain at .05
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