posted
After flat-lining at .0001 it has recently been bouncing off the 2 & 3 mark on news of reverse merger. I originally picked up 1 mil. shaers * .0001 . Just doubled up that position to 2 mil. * .0002 . I guess it's a waiting game on this one.
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posted
Agreed, I think a lot are flipping as you say. However, MM spread between the 2 & 3 mark don't make it attractive enough for me. It's basically been stuck at .0001 for awhile until lately when it's bouncing back and forth. A good balance sheet and financials could make this a very attractive shell on recent news of a reverse merger and a lot of volume. Like I said, I think it's a waiting game. I'd like to see this do what SROE did and skyrocket to a buck a share from .0001 . I'm going long with my 2 mil. shares on this one.
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