(Total Views: 394)
Posted On: 06/22/2017 11:38:16 AM
Post# of 75043
It was overbought and we are seeing the expected reversal. Relax, it will make a hard bounce once it bottoms at .03>.05. Then we'll see .11>.13 as it becomes overbought again. The catalysts for a strong, long run are still a ways off. After all, right now they have no money, only limited inventory and fairly unimpressive revenues. Savvy investors are swing trading this to accumulate a large base of "free" shares so as to capitalize on a run when catalysts materialize.
(2)
(6)
Scroll down for more posts ▼