Agree, I do. IMO the risk vs reward in a stock changes dramatically when it drops so far and stays down for so long sitting at par value ($0.001). It's difficult to be a bear on a stock when it's had so long to form a bottom and the stochastics begin to turn up. I think though that overall (sustained) volume will or could tell the tale. It's rather an easy proposition to tank a stock on overall low volume (bids just not present in the marketplace) but when volume rolls in these kinds of stocks can take off. That said, no one can know the future, so speculating short term on price fluctuations is a very risky business, IMO, though some out there from the peanut gallery will tell you daily how much money you "could" have made (key word there, "could") "if" you would have traded perfectly in and out on every up and down move. Some go further and claim their own speculations about the nature of the MM "trading" with alleged insiders involving shorting and covering via T-trades are supposedly the proof that there is a scam afoot. IMO it's all nonsense; it's rather clear there are market players and manipulators of whom have always used and abused this stock for their own reasons (gains). These are the same paid bashers who claim there is no such thing as paid bashers and that PK shorting is a myth, etc. They don't want you to hold long because it locks up shares they could otherwise be using to manipulate the daily "action". They will claim that the FINRA daily short figures are merely internal "legged" MM trades just providing liquidity, but in reality those numbers are very simple, they from the consolidated tape which means they simply show how many shares of the total daily volume were made up of short sales and it's clear this stock has had an extremely high short to total volume ratio on a daily basis for months upon months, regardless of the T+3 settlement time window. They want total and complete control, not only over sentiment but in the mechanics of the trading so that they can have ever clearer information about what market participants are getting in and what all investors are getting out and at what price and when, this way they can play the "levels" (which are really just various investors' cost basis averages and price points garnered from their sell orders) to a harsher degree; in order to "shake the tree" as it were. This much we know. What we cannot know or at least should not be privy to is what at all, if anything, the actual company is doing to bring shareholder value. Who knows what is coming down the pipe, maybe nothing, maybe everything! In my humble opinion, and I believe I am entitled to my own opinions, as are all, the CEO needs desperately to rebuild shareholder confidence and credibility via delivering on promises made over a year ago. IMO the cautious behavior of RFMK followers and investors/traders is what is keeping the stock sitting at par value. "Big news coming soon" on twitter (made by the CEO many months ago) only works for so long until investors turn pessimistic and realize it may be better to just wait and see real progress before they pull the trigger on the stock. All just my own humble opinions.
GLTA
$RFMK
