Replies to post #5838 on Coretec Group Inc (CRTG)

[elleryqueen]

Please accept my apology. I was not trying blame anyone nor was I referring to the current selling pressure on the stock. My comment was more in a general nature. In the short term, penny stocks can go up and down a lot for no particular reason. I respect your view about TDCP's 50 moving averages etc. To me such analysis has little or no value at all. Penny stocks, and sub-penny stocks are very volatile. One large or medium size buyer or seller can cause a penny stock to experience wild swings. What is important to me is that OU backs this stock and its product–CSpace is on the cutting edge.

[scmfinance]

As I hinted at in my post yesterday, be wary should it close below the 50MA. The last time it closed below the 50MA was in mid-October.

And now today, it dropped thru what was major support at .04. Volume has also picked up on the downtrend with most transactions going thru at the bid. So buyers are scarce at this point.