what is going on with this stock? does nothing all the time. Any info from management???
I wish I knew uvahoos. A lot of the penny stocks have been getting punished the last week or so. People need to comprehend how large of a move .01 - .02 actually is. It's hard to take into perspective, but every 1/10th of a cent is a 10% move.
So, when you go from .01 - .02, that's 100%. The dreaded penny is usually one of the hardest places for a stock to get out of because the percentage of the moves. .02 - .03 would only be 50%, so it's much easier for the stock to make that move.
All I can say is when this thing gets some more volume, we'll be off to .03 - .05 in short-order. We're talking about significant gains here. If it was easy to make 100% every day, I wouldnt be posting here, lol.
Patience will pay off, some people wait months/years for 100% gains. I'm offering it here on a platter. I believe those that are patient will be rewarded greatly in due time. A PR from the company is the next step, and several others, including myself, have all been hounding Deros to put out some more info about the hotel deal and/or the Pizza sauce. There is plenty in the pipeline, only a matter of time before this thing starts rolling again.
From a technical perspective, we're about due for a break-out. Bollinger Bands are starting to pinch and the downtrend appears to be complete. Should see some action here soon IMO.