My hope is we have one or two more poor days, to get the day traders to sell at a loss to the share washers.
Sorry, I don't understand the logic here. A couple more down days to what, 7.5c so that the day traders sell at a loss.
Day traders would just recoup the loss they make when they re-enter at a lower price when it bounces back to .08c+
This is the same as the instos who bought in the cap raise. They dont care. In at 7c, load up on the way to 10c, profit take, sell entire holdings, accumulate on the dump catching retailers on the way down, rinse and repeat.
The CR at 7c was a major blow to the positive FA going on. Its going to take a massive update to move this north considering global markets are down as well.
The only thing i can see now shifting this given a failed breakout above .095 is the CLIA waiver and substantial product sales in the next quarterly.
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