How does it reflect directly on the CEO? Nick Chieco has so far been a rock star with this company. He has done all he can to help us shareholders out and to get this share price higher. I mean, the guy took revenues from $0 per quarter to $5.6 million per quarter. Unbelievable, you won't see numbers like that on any other OTC stock. But yet this thing just can't break a penny. As I said before, I just don't get it.
Nick delivers everything that he promises and MORE.. This is flippers and the low float pattern. It is still possible to close green today but that additional 4 million in buying pressure may not show up.
The float is small and nearly locked. This means it goes down just as fast on low volume and up the same speed on low volume.
I never mind days like today on legit profitable stocks with a small nearly locked float. It will just go back up tomorrow and continue a climb a consolidate pattern.
IMO, today we close at .006 for our small step back before the leap forward !
Your right it's not hard to figure out. But it has nothing to do with the CEO or the company. We just dropped another 9 ticks with hardly any shares being sold. Care to guess who could drop the PPS that quick. No one would all of a sudden drop their ask down 9 ticks in a matter of minutes then sell. It's been done twice today. Someone is having a very hard time covering.
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