Morning buyers are getting burned every day. Of course, I raised my bid from 8 to 9, got filled, and then watched it crater (again) for like the 40th day in a row. In the grand scheme of things, it's not a big deal. My sell price and getting in early is what will matter.
There are 300 declared investors on IHUB watching this one. Probably about 100 people have shares here. If they average $2000 investment, that is $200,000 invested.
If there is a 569M float, the float is worth about $455,000 at .0008.
So, we control almost half the float here. Granted half of you are flippers, so we probably only hold a quarter of the float at any one time.
What we need is to have non-morning pop and go up after lunch. Then, the momentum could be carried into close. Otherwise, it's going to be THUD every day because of the NSS.
My own personal double up money doesn't clear until tomorrow. So, today was just a test. But, guess what! I'm not buying in hour 1 (for sure), and probably not until lunch time for that matter.
If we will have $3.5M in revs, and our outstanding is 1.1 B, the price to sales is way less than 1.0 right now. It should be like 10x, or several pennies.
Just need that revenue PR to hit or the merger confirm. See ya.
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