It should be noted that below 2.6c, we are valued lower than pre-RS. that fact alone makes me think that it would be difficult for this to fall much lower as folks will likely want to hold and see what happens. If they weren't trying to bail when it was at .0001, then they are not likely to bail now. The over all "ASK" from pre-RS accounts for about 1.2M shares. If only fidelity pre-RS are in play and fidelity represents 25% of all shareholders, than the total number of shares that might hit the market is less than 800k. If the brokers coming online is staggered, this could be less than 400k dumps at each stage. I am starting to rethink my bottom estimate. Originally, I was speculating that we might see sub penny, but, now, I am thinking that we will not breach the penny at all.
At any rate, it should be interesting over the next few weeks.
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