I am not going to suggest anyone buy shares in this one, though I reserve the right to do so myself. I am now averaged in under .04 and I expect to turn an overall profit on this one. I may be a fool. We often try to impose rationality on penny stocks. Some can't be rationed with. With that said, I would be baffled if they let the stock stay down here. They are clearly making notable progress, at least and if only, within the i-Mobilize division. Indicators are that the stock has already capitulated and the company is done dumping at this level. It may even have something to do with the sharply worded emails (from myself and others) the company has been flooded with during the past week or two's plunge. The company may not be responding, but they can feel the heat and fear the pitchforks, so to speak. Again, I'm trying to be rationale--that doesn't always work. But--there's also some pattern recognition involved here, the chart looks UGLY, but I think they will run it, maybe past the .07's in the next several months. All speculation, but I am holding and on the look-out for buys (I added yesterday on the pullback). If you've done your DD, you don't need to hear it from me that there are plenty of caveats with this one. I know plenty of bright folks and large holders that have given up on the stock. My old dog's trick was to double down in that capitulation. It's a pattern and practice that's served me before. I've been on the losing end of this one so far, but we'll see. We need to keep the heat on the company and IR, even if they are unresponsive, they take note. A similar movement caused them to ungag the T/A months ago. They may not have spoken back in words, but they responded to the outcry by undoing their actions. They need to fear (by fear I do NOT mean to physically threaten them) and respect investors and know we are being vigilant. GL and buy with care. Cheers~
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