We are in a stock with Billions of share on issue. This could easily go back down to .3 in a heart beat if so desired. It could easily go to .8 or higher if more volume kicks in.
People have been in this for a long time and probably holding at a loss. any increase is SP will be sold into IMO so you require enormous amounts of volume to get anywhere here.
If things start to move FA wise here we will be a pip traders paradise.
Expect lots of volatility.
LNY Price at posting:
0.5¢ Sentiment: None Disclosure: Held