Agreed. It seems to me that most of the longs
Post# of 41413
It seems to me that most of the longs have loaded up and are now in cruise control to the SHM. I'm also guessing the bashers and manipulators are kind of at a break even at about .005 to .0052, so I don't anticipate too much activity below .005 anymore. The pps is probably going to have to move to .0055+ in order for the bashers/manipulators to drop shares.
Day trading BLTA might not be the right thing to do at this time. Most likely they will move to another stock and keep an eye on this one......waiting for some kind of a PR or other update to shake things up a little.
I'm guessing it is going to get pretty boring around here, and the pps and volume will be anemic, until something stirs the pot.
Still.....just to be safe......even though mom's got more BLTA than she needs, it doesn't hurt to keep $50k in her brokerage account and on the bid just in case someone wants to be a complete f$%king idiot.
Worst case scenario, if she does pick up more shares now and in a few weeks she needs to liquidate some $, she can always sell a few and double her money in less than a month's time.
Keeping $ in her brokerage account and on the bid......for such an absolutely sure thing.....makes more sense than keeping it in the bank and earning .01% interest annually...............