Aug. 4 at 3:48 AM
$BDPT There are people who were holding shares at
$0.002, maybe slightly below,
$0.003, or
$0.004. It's only natural that some will take profits. That's going to happen, especially when you're trading thinly traded stocks. You'll see price spikes, pullbacks It's normal.
IWhat you really want to focus on is what the company is doing, making sure the SS remains stable, CEO follows through on what they're saying, and that there are meaningful catalysts that could re-rate the stock.
If you read the company's press releases, the story they're trying to build is a multi-product offering. They're also marketing one of those products toward the UFC. They even obtained TrueSport certification through BSCG to help assure athletes that the products won't trigger banned-substance concerns. When you see a company this small with connections to the UFC, that's something worth paying attention to, because it has the potential to re-rate the stock dramatically.