Alert: 70M bought on ask in 5 minutes and now 123M
Post# of 683
This was run up to .0030+ by Penny Stock Geeks + it's iHub pumping crew earlier in the year. They subsequently played in a .0022>.0025 channel for several weeks selling off their massively front-loaded shares. There were then many more 2-4-tick channels at every level down thereafter, massive dilution and suspicion of naked shorting. Consequently, there are numerous sets of bag holders at all sorts of levels and others that panicked and sold for losses of up to 90% who may want to catch the bottom to average down or ride any surge.
Long awaited news being hyped again. Anything could happen.
Not as safe a long-term bet as REDG* (at the same price currently) but at this price may be worth watching for a possible quick profit on any surge - depending on how much of a bottom feeding flippers' wall their is when at each level above - 100M disappears pretty quickly when people do 5M>10M slaps but watch to see whether each level gets topped up.
Pervasip Corp. (PVSP) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.