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I see the stock hitting .0015 to .0009 before a turn around. If it goes to .0004 -.0006 load up your socks and statch it away for a $1.00/share.
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I see the stock hitting .0015 to .0009 before a turn around. If it goes to .0004 -.0006 load up your socks and statch it away for a $1.00/share.
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Nice rebound today after all the indicators were bottoming...Watch for a gapup in the Premarket and maybe if the momo continues like it was before about a week ago, a test of the .005-.007 resistence...
The reason why many traders still believe this will break .01 is because this stock has a very low float (160 mil i believe), coupled with no dilution as a sub penny, and couple that with a great chart...A traders dream this stock is..
Keep in mind it did break one of the ascending triangles on that pullback
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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Where did the 160 million shares come from?
The last I heard was that they had initially 29 Mil., plus two blocks of 20 mil that they sold out East for money. When did the extra 100 mil come into play.