bd - Like any penny this one has a story behind it. Not only do you want to get in at the lowest possible PPS(like say when there is no bid, or an insider at .00005), but you also want a stock that you can get out off easily (high volume) This one has all that if your patient, every so often they cycle out some PRs and hype and get folks interested and thinking that they can make a quick buck or two. While others here who buy in way too heavy and hype way too much to try to attain a higher PPS, I just try to slip out with a simple double and a little more if possible. Then in a day or two the PPS crashes and I can get back in with a little more and pocket a little. Sure, I'm picking up some of those .00005s at .0001 - so what they need to eat to, after all who's gonna hype this thing if they go?
It is getting harder now that folks know about this one, more folks dumping at that .0002 and .0003 level. Any way this one is about toast - they have painted themselves in to a neat little corner with their "updates" and basically left only two options which will play out soon enough.
Your assuming that my original position in this was at no bid.
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