RE:What do you think could possibly happen tomorrow? There is not much room for shorting at this price point. So my guess is either it goes upward tomorrow or will trade sideways in the range of 0.05 and 0.07, which is most likely unless there is a news. Doesn't look like it will go below 0.04. We will see!
grosdavid wrote: Today, weak hands left the boat and the shorters made their way to making good money.
It would be foolish to think that they can bring back that stock to 0,02 $....people want to make money, we are in a capitalist market, shorters made money today, but tomorrow is another day and I don't think any sane investor will think that shorting this stock at 0,05 $ is the best idea.
I anticipate this moving the other way up. My honest guess.
David