Seriously, a brokerage house in NY is playing penny stocks? LOL
Then they are not looking at the numbers and are in fact big time gambling with clients money. For us to do it as a sideline playing a bit is one thing but...
If they are seriously looking at this and saw the fast run-up followed by the swift decline then they are also waiting for the .01 before buying. Anyone who bought during the run-up that paid over .11 is losing and has been losing these past several weeks, NO QUESTION ABOUT IT!
Yes this may be the bottom BUT IT ALSO MAY NOT BE THE BOTTOM, the only thing for sure is that it has been steadily trending DOWN and there is NO reason, other than hope, to think it is not still declining.
No matter what anyone says about numbers and financials not having real meaning with penny stocks they are just wrong, big time wrong. NUMBERS ALWAYS MATTER!
Playing the pumps and dumps, a different story altogether but now we are simply talking about gambling not long term stock investment. Several that are giving all the "PRO" advice here have clearly stated they then have no position here! I on the other hand do buy and sell this as a gamble for sure, and making money because this is behaving exactly like all of BH’s companies, smoke, mirrors, pumps followed by DUMPS, very, very predictable as long as you believe it is all a farce.
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