A panic sell off would make no sense at all.
Post# of 13395

.023 equates to a .00000575 pre reverse price.
.023 is the 52 week low price by a long shot.
Thinking holders would panic sell at .023 is a joke. Anyone that bought pre split as well post split were so far under water there would be no panic to sell - they would have already lost the bulk of their value - over 90%.
Suggesting investors would panic sell to save a couple pennies on the dollar - far fetched.
Quote:
Notice the first 5 trades (see link below) at if someone was purposely probing for the lowest price some one was willing to sell at.
With no sellers they then throw out another 0.023 trying again another to attempt to start a panic sell off.
When this again failed they searched until they found a price some one would let their shares go for 60 cents.
Notice the once they found their sellers large buys (relatively) 921 and 300 occurred..
They then ended the day with yet a third 0.023 sale in hopes cheaper shares will be available on Monday.
https://investorshangout.com/post/view?id=6758278

