(Cabo San Lucas)You are right ,
Distribution is or was happening just look at all the spikes and pullbacks on the charts over the last year, and I have no doubt that it will continue to happen again in the future .
Thats the risk you take when buying Penny caps no ones going to ring a bell and tell you when the dumping has stopped and the buying begins, you need to figure that out for youself, if you dont have any inside info .
You mentioned doing your own research on the stock which is exactly the correct way to enter a penny stock look at FA/TA and speak or contact management DIRECTLY.
A good rule of thumb is if you detect ANY HUBRIS from management best to avoid the stock altogether because 9 times out of 10 management will destroy any price appreciation in the stock and play the stock to make money for themselves on the back of retail shareholders ignorance .
so good luck with your trading and entering penny stocks the gamblers end of the market .
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