FLXT is indifferent at this price to the overall market. I think the market could correct 25% and it still wouldn't move the pps. I would be surprised if there were more than 30 people following this stock in the whole world.
What are you talking about? There has been a bias to the downside for months despite buyers out there, pushing it down every chance the sellers can. 100k traded today mostly to the downside. There are lot's of holders watching this stock. No one buying but alot looking for an excuse to buy to average down with any decent news of revenues. Lots of followers-no substantial buyers. JMO
Perhaps. My point is that this stock is virtually unknown and those that do know about it don't take the PRs seriously anymore, including myself. I still have 60k shares but will need this to go up about 1000% just to make a profit. I thought averaging down at 12 cents was a good move at the time.
The other positive is that because of its small cap, this can run up very quickly when it has momentum.
However, at this point it's going to take real production revenue instead of endless promises. That day may come but it's been a heck of a wait.