Oct. 1 at 11:11 PM
$FERN @TheARCH1TECT
1/3
I'm here, and I'm good! After a 1000% increase in the SP in just a few weeks (from .0004 to .004), it comes as no surprise that this thing is cooling off. It'll prolly trade in this lower range until we get more details as to future plans. Honestly, it's probably better if it remains in this range for a couple months, to establish a solid basis of support for further gains. The current price range needs to consolidate throughout the profile of the market for FERN shares. By that I mean, the short-term and swing traders who bought between .0004 and .001 will sell to a new set of traders and investors, whose price basis will be in the current range, which means they'll be willing to hold until a higher price point. The other shareholders influencing the market profile are those who bought it above .005, .01, etc. Many of them check the SP every day, waiting for the right moment to cut their losses. The higher the SP rises, the more of those we shed.
