RE:OVERSOLD & Sellers Dried Up - DIG in FOLKS !
Nyce, I hope it works out for you.
However, based on history, a 1-10 consolidation and then a decline from the new higher price scares me off.
Concrete sales are needed. Since the World Health Organization and the Canadian Diabetes Assoc (from what I have researched) have not even endorsed the SCOUT you wonder how long if ever, approvals from CFDA and USFDA will be provided.
As a shareholder I hope it's sooner than later but high volume and trading at 9 cents one has to start to wonder what is going on. With the potential of this product I would have anticipated flat or up, not a major collapse.
What are the chances of it moving to 11 cents, getting people on board again, and then pop, down to 7.5 cents. Retailer investors are constantly getting the screw put to them.