I purchased the shares over the last 3 weeks with an average pps of .021 - got some when they were even .009 a share. Insane to watch a .009 stock hit .24 cents.
Anyway I ended up getting nervous with the Lev2 ask/bid levels and the trading pattern this morning (spike to .247, then back down to .23 on 1.5 million volume) so I sold 75% - 45k shares - of my position at .2215 - should have hopped on .23 but I wanted to watch the 5 minute directional trending.
Figured regardless of what happened I would free-roll the other 15k shares.
I cleared 9957.50 on my sale of 45k shares. I paid 1260 the 60k shares netting me 8697.50 in profit and 15k shares freerolling.
Sitting here laughing - best decision I made in a long time in the market (other than buying this in the first place).
The Market Makers (Manipulating SoBS) have just walked this down down from .22 to .145 with about 10 million shares traded. This traded over 50 million shares this morning before 11 am all over .19 - most over .21.
They walked it down to take out as many stop losses as they could and then will let it rise again - watch and see.
So I just took 3697.50 of my profit and bought back 25150 shares at .147.
This gives me a net profit of 5k and I'm once again holding 40,150 shares free and clear.
Currently back up to .16 as I finish typing this.
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