In my opinion only, the Dow was down 265 points and Nasdaq was down 78 points. Usually on a down day when the whole market is down you will get a little pullback. That is considered normal. This thing only traded 154000 shares. That is nothing. It pulled back 4 cents. that shows me that this company is pretty solid because it traded such a low volume. If this thing was trading millions of shares and it pulled back 20 to 50% then I would be concerned. This thing pulled back less than 10%. Somebody is posting that this might be a pump and dump thing. I have been watching this stock very closely and I own a lot of shares in it. It is trading sideways. That is a positive sign and it is moving to newer highs. We get any bit of news and this thing has a good possibility of doubling or tripling. It has such a low share count. It does not have hundreds of millions of shares available. This has less than 40 million shares. When this thing starts to trade millions of shares this thing could really fly. The best thing to do is be patient and keep adding on. Wait for positive news or earnings to come out.
You know that, I know that, but the guy calling this a pump and dump obviously doesn't. Funny stuff, but everyone has to start somewhere. Short term this looks like it's coming back down to test some support levels, but imo it's a dip to buy.