A momentary lapse of reason........
I think everyone is sitting around waiting to see their investment bounce up near where they bought and want to get out.
I don't see them as greedy or in for long term. They just got suckered into one big buying frenzy.
Even if a pump happens, it will drop below .10 in minutes since there are going to be more sellers than buyers.
Simple supply and demand with all due respect. People did not know the game they were getting into.
This isn't ATandT.
A 100 dollar trade keeps the price the same. There are no buyers.
There's just enough to balance the books for the insiders to sell the stock they issued themselves at .001 a share. Bubba got suckered to so Army don't feel bad.
I pray you all get your money back somehow, if not, you got a tax loss.
No self respecting broker would ever allow an unsophisticated and uneducated person to buy this stock. As a former series 7, I wouldn't let a client buy this stock, not a chance. Heck, I wouldn't let someone trade an option unless they could explain to me what one was, what they could do with it and what was their intention.
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