Trade the trend.
Never trade against it.
The SP has been in a down trend for a while now.
Peaked at 1.90 in April and been dropping ever since.
Would`nt suprise me the SP got to 60cents before it starts going back up. Maybe even 30cents
Id stay well away till the price is trending positive.
Check out how this stock has been trading in the past nine years and you`ll see what i mean.
This is my idea only, what i read from the charts.
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