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Not the most attractive share structure but has been heavily accumalated the past couple months. .0003's got hit hard today and it looked like it was breaking at EOD. Practically everytrade at the ask. They openly stated that they had to dilute earlier but I don't think theres been any for a while. MM's were holding back trades. Alot of rumors out there. Suposedly 1q should show profitable and they stated a portion of there profit was going to buyback. 1Q audited fins promised by the end of May. We'll see. Lotto play for sure but might be worth a little risk.
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posted
It's hard to say. If momo continues today this could bust out. .0004 is a key break area. 200 ma is now well below it now. Alot of momo traders will have alerts set when the see 4's ripping off.
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Define long?? I'll probably hold s few a little longer just to see where it goes. If/once it goes, I'll be playing the flipping game depending on what makes it go.
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FWIW, a guy yesterday bought 40 mil at .0001 and sold 20 million at the .0002 ask at the end of the day. That tells me something when a regular retail can sell that much at the ask. He just bought them an hour earlier so his order wasn't parked there for weeks. Could be interesting today, IMO
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