With the higher volume, I think of today as a type of capitulation for longs and shorts. I don't think shorts are comfortable shorting from .50, and some longs drew their line in the sand at .50. Now's the time to take a deep breath and buy.
Impressive!! $150,000 worth of stock changed hands today..even more than a single share of Berkshire Hathaway...something surely must be up!! Those MM's are definitely working overtime to drive this stock down.
why buy now? Why not wait until .40? The only good news this stock has seen in 8 months is that it aint delisted. And, during that 8 months, the daledo kept saying that partnership news is imminent, buy the dips....lol.