Form 4 filings hit the wires mid-day with the stock trading at $.0005. The stock hit a high of $.0008 later on in the session and closed at $.0007. Over 20 million shares were reported purchases in the open market on Tuesday. Insider buying is usually a good sign and I think the stock will continue to react positively to this development. The chart also looks to be turning higher. I think short term the stock will break back over $.001 and could test $.002.
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1 comment:
Awesome post. It’s always good to learn more about the stock market.
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