Post by
1condor on Sep 22, 2023 4:59pm
If this trend keeps up...
Like I said in one of my previous threads this stock certainly has the chance of going to zero. There is no longer any support levels so no technical analysis can be applied. In fact there isnt even any sign that flippers want to play with it (thats how bad it is). Will management come out soon with an update on the reverse split (now inevitable and likely now a 1 for 15) or will they let it just continue to let the SP sink into the abyss. Either way (split or not) it likely doesnt matter now as nothing will break the downtrend. I really do sypathize for you shareholders on this one...so many promises from the company yet nothing delivered. Not a holder.
Comment by
1condor on Sep 25, 2023 4:17pm
Wasnt sure the flippers would show up...but today shows that they are willing to make a trade on this one. Will be interesting to see how high they run it up before the inevitable dump occurs. Maybe 80 cents?? Happy trading folks.