my friends and I have lots of shares above 20 cents, and would flush them before selling at 18 or 19 cents....so WHOM is selling......again today thousands of shares sold to volume...for peanuts....why not hang unless the company is a total fraud.....in which the product looks great, but not imaginative management (understatement).........whom sells, not you and me ??????????????????
I'm considering selling at a loss to put my capital to work in an investment that IS growing. Justice delayed is justice denied, and profits delayed are profits not made (this year). What evidence is there that this will grow soon? There's an opportunity cost to holding, even if the firm does not go bust, but keeps treading water for another year, which looks likely. If growth is a couple years out, I can get back in when it seems imminent.
I don't want to tell you to sell or don't sell but I would say this , Friday will be 1 month since the company put out this statment:
"NanoLogix has contracted with a team of independent marketing specialists to promote the Company’s products to key opinion leaders and executives in multiple health and food sectors. The specialist team is composed of current or former directors and managers of various national and international health sector corporations."
How sucsessful will they be? Thet is yet to be seen but if they bang out a few orders and or contracts the pps should start to move accordingly. IMHO
hard to say james. i would venture to guess it is shareholders who are just tired of waiting. i get that logic as i am a frustrated shareholder. not a trader. there appears to be some sort of shaking of the tree today and the price is holding up with around 71000 shares traded.