The penny shortThis stock is such a great example of why so many people lose money with penny stocks. They can so easily be manipulated because they cost so little. So, they get hammered down to a point that most retail shareholders are just happy to get out at some point with a slightly smaller loss than they had the day before. Then they end up selling a stock exactly where they should be buying. And they move on to the next shiny stock, and get stuck there, and watch as the one they sold at its low point starts to rocket.
People will do what helps them sleep at night, but I can tell you that selling this stock for 8 cents is likely to be one of the stupidest moves you will ever make.
GLTA! Great job EAST.v. Let's find those new buyers and clear through that ridiculous wall.