It's going to go lower and the target turn around price is 0.0075. This sell off is way too drastic and notice how the volume is picking up substantially. It's a case for a near term turn around after a spike down to 0.0075. This firm is doing business and they have products that work quite well. The market is rarely right in proving that point because buyers actually drive the price down. Wait for the 30+ million shares to be traded in a day, that's the essence of the market. There needs to be a good case for a turnaround too. The trend is your friend and that's why this puppy looks sick and ready to die; with this stock I believe it's just a facade. Ever make 100 times your initial investment? This one has a high probability to do just that. Buy below a penny and hold throughout the remainder of the down-trend. Don't risk anymore than you can afford to lose.
Motive for posting, just wanted to document my prediction.
Hey stock-in-stocks, you obviously believe it is going sub penny. I can truly say, you have saved me money with the advice you gave me at .048. I still have not reloaded on the way down.....thanks.... My question to you would be, is your only turn around point based on the 30+ million volume figure or are there other indicators you would look for? Once it turns, what is your prediction of where it goes? thanks
The volume is convincing of a bottom but it's price action still has me skeptical. If this holds 2 cents I was wrong, but any lower than that it triggers a sell signal. Clearly, you can see that volume doesn't mean buyers of the right kind have stepped in. I'm waiting until 0.0075 or news that merits this current market cap. If you're a gambling man, I'd be buying right now... I honestly think this will reverse split, but if you bought below a penny the effect will be minimal. But if the reverse split doesn't happen, and positive news starts flying, we could see close to 75 cents. Wow, I just checked, my chart shows that we broke through the lows by 0.0001. Might not seem like a big deal, but it really is. I think we move lower yet.
anxiously waiting to hear this one myself,,,of where this goes,,, ! lol,,,,although i am not happy about ur .0075 prediction,,please predict alittle higher,,,lol. i do believe in the products also ! so do my friends that i have turned on to them .