Wilyfox, thanks. Yes, as we discussed, the coiled
Post# of 11899
Wilyfox, thanks. Yes, as we discussed, the coiled spring analogy is a great one for stocks with pent up demand and low valuations. Actually, allegedly there are quite a few sub penny stocks out there for which are allegedly going to be dumped on hard and crash to the cellar soon according to self-proclaimed penny stock millionaires who allegedly are still holding on to kabillionz of shares, even though they think all of those stocks are share selling schemes. LOL, I guess it will be a fun next few weeks watching the PK market get trashed!
As a long term investor I guess I will liquidate some of my mid term currency positions to free up capital to get ready for the 0.0001's so I can accumulate more.
I will keep my ever-watchful eye on the "action" while I crunch my popcorn awaiting the show!
In all seriousness, people need to realize these PK stocks can make gigantic sized moves at any time. At any moment, if no buyers are watching it closely, anyone can hit the thin bids that exist and walk it down sandbagging a few shares to themselves to print $0.0001. OR at any time a big game changer could be announced and a flood of investors come piling in and the demand for shares is so high it sky rockets the price, 10 cents, 20 cents, etc etc. PK stocks are wild and volatile, so they are extremely unpredictable. NO ONE KNOWS THE FUTURE!
GLTY
$RFMK!