Prior to the 1.00 hold, I could have seen it fall below 0.25 as well.
After witnessing that though, it seems obvious that the big boys are playing for keeps.
The only reason they would stop it at $1.00 and not let it drop to $0.25 area to pick up all the shares, is that they expect smooth sailing above that level...
Also, by giving that sort of support at the 1.00 mark, it substantiates that this will not go lower for investors/traders who will be bringing money into this in the next 30 days or so.
When people see sub-dollar stocks... they don't want to risk as much, regardless of OTC status or not.
Sustaining these levels is key... seems especially the case for them (hedgies / big boys).
-Z
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