"Each stair step in price with significant volume sets the "double target" for those buyers. In todays case, most of the volume occurred at .0007 which puts a double sell point at .0014. .001 will bring in a whole new wave of buyers which will absorb that."
It never works like that only because the larger shareholders are usually more content at selling at whatever fraction of a double. It's tougher to sell lots shares at double than at market, which of course takes it down or keeps it relatively level (which is what occurred today; no doubling).
But saying .001 is going to bring a lot of new shareholders... um nope. PRs and filings do that.
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