We already hit the bottom. The 200 DMA is riding at .058 and it bounces every time it gets close. The longs here are scooping all those up which adds another level of support. There are a lot of people who believe in this one for the long term. So they consider these to be cheaps and not fallers. There is a big difference between the two. There aren't a whole lot of penny's out there with this kind of following. Trust me man, imo we have seen the worst of this storm, and to be honest with you.. I am not at all surprised by it. What I am surprised by is some of these people paid .13-15 cent a share and they are chasing the bid to get out? Seems foolish considering (at least what I feel like ) the float, and the potential. Then if you are wrong, you sell short and move on. Not before.. Newb investors here.
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