nihilism, I am just talking about the daytraders's/t3'ers mentality which i am sure you know there are a big majority of them in these penny stocks.
Now of course i have no control on those medium termers and long termers who have this since 4 to 6 cents. I haven't got a clue what they would do. But as for the daytrader's and t3'ers what i am saying here is what i would do if i was that. I use this as a guide.....thinking like a daytrader or a t3'er.
Don't underestimate the number of daytraders and t3'ers in the market. there are a whole lot of them. I give you an example. awhile ago there was 250k bought at 1.8 and now he is posted to sell at 2.1. He originally posted at 2. This sort of style you see every freaking day.
NMR Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held