Someone sold...BIGTIME?
This Tends to happens after "someone" buys BIGTIME. A 500% move validates this dropoff in every way imo. Try lining up the recent bottoms. Most of the folks that hopped on sub penny were not getting in this company because they thought it had a very bright future. They bought to make a few bucks and move on or to linger and attempt to flip....maybe they'll figure out what they are trading in due time. You can bring out all of the TA that you want to (btw i am a huge believer that charts don't mean jack shit when dealing with pennies or speculative plays- which this is currently..soon to be a value play IMO), anything can happen......but there are more and more ACTUAL INVESTORS picking up on this little company every day. (btw when i look at the top of the screen and see the name of this website i can't help but LAUGH and/or CRINGE. IT should be called FLIPPERSHUB.com. The weak hands have just about faded out and i think we go flat or slightly up in the coming weeks without news. If we go down...I'm buying more. The people that have actually done proper DD on this company know what's going on and are willing to wait. As time goes by, more and more shares will be shifted into stronger, smarter hands. I for one am buying SHARES OF A COMPANY.....not shares of MOMENTUM.
Peace
Livin