Whenever I'm bashing something, it's because the company is performing badly, and their pps is in a downward spiral.
Whenever I say that the price is about to go up, it's because the latest wave of selling has subsided, and it's time for a buying wave to commence.
...And you can take that to the bank ;)
For the most part, ALL sub-pennies are bad companies that dump shares to raise money that they put in their private checking accounts. They wouldn't BE under .01 cent if they had any revenue in the first place.
But the beauty of sub-pennies... and you should listen closely here, this is my lesson for the day...
...is that stock prices oscillate. Add to that the fact that most trading is now done by computers - and computers don't trade for the same reasons that humans do...
...then throw onto the fire endless liquidity from the Fed and a suppressed regulatory environment that doesn't have the staff to go after these scam companies...