BKRT on offer scared out retail under them and then later in the day when PERT put up that 3.7 million at .0017 and then moved back up to .0031 after the the undercutting/dumping finished. The manipulation here is present regardless of dilution. When they want ACGX down, they'll hold it down and when they want it to go, they really let it go.
There was also an OTC system outage around 11:15 which stopped trading on the entire OTC market for about 45 mins.
Still, a pretty sizable amount of money waiting for .0012 and .0013 got in today betting on another near term move here. Support held and the double bottom is also enticing to new traders as well as old ones getting back in.
Don't like all those fake offers and retail undercutting them when the stock is trading weak but those will continue as long as smaller money continues to undercut the last PSS under those larger offers. Trading like that is basically advertizing to the market that you want to get out fast and are willing to sell for less than you originally planned.
Most of the trading action on the bid side until that stops. Still got 3 sessions left in the trading week. We'll see how ACGX closes for the week.
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