Originally Posted by
relmor2003
Talked to some day traders. They dont touch charts like SiriusXM's nor do they trade stocks under $1 usually. This stock is NOT a daytraders dream. Buyers are weary of buying before March 17th, and the MM's are talking advantage of spotty buying pressure. Going to have to have more news, or the MM's wont reevaluate the price, as no one is forcing them to at this time. Plenty of buyers who think .14 cents will hit again, looking down the list.
Since this stock is a MM money maker, they will move the price at some point. Just have to be patient, and hope its up, not down. Either direction will generate huge volume. .13 to .16 looks like a "dead zone" of interest.