RE:RE:RE:GDNP i$What I mean is simply from a technical standpoint the stock increased about 300% in only 12 trading days. Also volume increased from average of about 50 000 shares daily at 14 cent per share average ($7000 per day only), showing overall lack of interest from market, to 2.2 million shares at average of about 0.3 cents ($660 000 on one day) at peak. Often stocks retrace after that. Sometimes stocks even dwindle back to baseline. Since the peak on 23Oct the volume is persistently lower, combined with lower prices.
Based on experience with many micro/nano, from a plain technical standpoint, the chance of the price going down from here is higher than the chance of the price going up further, at least for now.
Just an interesting feature is that the numbers 0.125 pre-rally and 0.375 at peak are not infrequently seen in these small speculative companies.