Post by
old_dog on Feb 04, 2021 12:07pm
As the day wears on
It appears that folks are thickening up the lower end at 2 cents. It will become apparent to some of them that digesting the 2.5 cent wall will be in their favor when the 3 cent wall comes up......and for those that sold at 2.5 cents it will become apparent that they should have pulled their sale and increased it to 3 cents.
old_dog
Comment by
Tandemcarl on Feb 04, 2021 1:18pm
Is it a worry though that their are 23million shares being sold at 2.5 wouldn't they want to hold?
Comment by
Summerhill68 on Feb 04, 2021 1:47pm
I don't believe there are 23 million shares truly for sale. I'm assuming some one or more are trying to manipulate the price and make 0.005 on trades. i.e. sell at 0.025 buy back in at 0.020 i.e sell 100000@0.025 buy back @0.02 =profit of $500.00. If the sale was 1,000,000 profit would $5000. Ongoin and keeps share price down
Comment by
Tandemcarl on Feb 04, 2021 2:05pm
So I gotta buy in to the point where my average is below 2cents and then I can start swing trading LOL! Would love to start doing that once it reached 3-4 cents