Hey Joe, This is a confirmed bottom, according to
Post# of 7769
This is a confirmed bottom, according to the charts and a great entry point. On Monday I added another 100,000 shares @ the ask of $.10. I always buy at the ask and those who try to get cheap shares with low bids, not only coax the share price down, but usually end up with small fills. The MM's love utilizing these low bids to play their games.
Buying at the ask on these small stocks helps to reverse the down trend and help to ignite some positive momentum. If folks could just understand why low bidding has such negative impact on a stock they are buying. They think they are getting a deal, when in reality they are only coaxing the stock to go lower, which is the last thing you want to see on a stock you just bought into.
Yesterday I bought back into NRTI with 100,000 shares, all at the ask. It reversed the downward trend and moved the share price from $.22 to $.25 during the course of my buying spree. I used this live example to prove to people what a positive effect buying at the ask has on a stock. This is why I preach to everyone, that you WANT TO BUY AT THE ASK! It gets these sellers out of the way while reversing the downward trend. The little bit you save by using low bids on these low priced OTC stocks is eaten up by additional broker fees w/partial fills each day and is tempting the stock to go even lower after you get filled. It's so logical, but very few get it until they can see firsthand how it works and the affect it has.
BTW - It was a very pleasant surprise to see NRTI, a stock I urged you to buy a couple months ago, surge from $.09 to over $.30 this past month, making me HUGE fortune with my 800,000 shares.
The reason I mention this is because just like SCRC, NRTI lingered at a bottom for months until it broke out big on big news! This is why I continue to add SCRC shares and re-entered NRTI. They are both setup with great entry levels to make you a ton of money when it takes off, but you have to learn to be patient. NRTI is developing new mj supplements in a new partnership with TRTC and after running up to $.34 the stock has bottomed at $.22 and setup to make a run towards $.50 and higher on impending news of their hemp oil-based supplements rolling out to markets.
Stay the course and add all the SCRC you can at this confirmed bottom to reap the huge gains coming soon! Those with patience and perseverance will be greatly rewarded in the end. Cheers!