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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

It appears (my guess) is that .30ish is the new bo

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Post# of 36568
(Total Views: 294)
Posted On: 01/14/2021 11:21:05 AM
Posted By: Assiduous
It appears (my guess) is that .30ish is the new bottom resistance (better than the previous .20ish) and the day traders are scarfing up the shares figuring to dump when it gets to .40+ again. If I am right about my previous post that about 5 million shares are in constant play for churning the GNBT pps, then the true indicator of a final breakout would be when more than 5 million shares are traded in a single day. What will it take to light that fuse, maybe the Feb 5th cc, but probably the NGIO IPO. In the meantime, we could see the day traders incrementally move the bottom resistance up in .05/.10 steps before Feb 5th. How many steps, who knows, but it sounds like the majority on this board were able to cost average down with the bargain basement fire sale of the past months. I was able to afford to get mine down from $2+ to $.52/share.


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