Not that bad from a charting point of view this was bound to happen eventually. The main support is at about .0056.
This is what happens you have your low buyers .0025 and below they where happy with profits selling at .01 and above.(Watch the money flow chart tells the whole story JMO)
As you can see on the chart the .0025 area is when money started coming in and it gradually came in more when the stock fell. We had our home run news June 23 you could see MF peaked most people sell portions of there stock after runs like that if not all of there stock JMO. MF is just about equal we get our short term support line of .01 and our resistance of .017 to see how strong the trend is. More news another big jump to see if we can get past .017 but we couldn't and that was the second time we tested it time to sell money leaves the stock we break our short term support and now we should be seeing the second leg soon JMO! First leg started by June 23rd news so naturally we see what becomes "cheap shares"(support line) the day after June 23rd. Money flowing into the stock while the price goes down didn't we just see this? And whats that a support line to:) good signs JMO.
Of course you can't predict dilution though. It really depends on the SS but IMO PERFECT CHART.
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