Time is the biggest enemy to pps. The more time in between developments, the more the pps suffers. Mainly because of impatience, but also often assisted by shorting.
At the 'force' of current downticking, tomorrow will see .04, much as I hate knowing my investment will shrink yet more. I don't dare sell though 'cause I know the moment I do, news will come out and I'll be stuck chasing and getting lousy 5K fills. Not.
If volume continues to taper (today being the lowest vol. in over 2 weeks), .04 should be the bottom. If no news by market open Thurs, then look for .03's.
There's an old saying: to make a friend, sometimes ya gotta close one eye. To keep a friend, sometimes ya gotta close 'em both.
Hopefully it won't come to that, but I'm preparing to have to close both eyes...and maybe just shut the pc off for a day (or two). lol
( As a word of advice to buyers of .05+, it's better to just shut it down and walk away for awhile, than to worry about paper losses. No matter how the pps gets played, it's not a loss unless/until you sell. Don't take a loss needlessly).
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