Ann: Appraisal Program for Block 9, Cuba, page-239

yeah, I agree that Alameda is being priced like a duster. What the price action is over the last couple of days (IMO) is retail holders who have bought over the last 6 months having serious thought about staying in and the lack of buying is making it look like the bottom is still far away.

People who are still in profit from early positions are likely taking some off the table. No doubt there are many with sizeable positions and averages under 2-3c.

Basically very little buying except some averaging up and down. Not enough clearly. It will get to a point where the risk reward turns bullish and the lows will set in. Keep in mind that only 1-2% of the register is changing hands daily. Hardly a mass exodus.

When you look at that Zim play, the day before shows, half the people wanted to see the CEO out and the real fear was inside info selling and downside risk of a 2c SP. These stocks are brutal. Clearly we dont have that type of price catalyst atm so NFI how and when this will turn.

BTW, pumping this on HC has no impact. We are posting to the (converted/angry) holders (who arent likely to buy any more - to make a difference), or to people with schadenfreude. Not many people reading these threads atm are new buyers. sorry.