HRDN (Dc Brands International, Inc.) just hit .0001, so why aren't we concerned?
HRDN is a play that we told you from the get go, has an incredibly small float for its current price range. In most cases, we see billions of shares being needed to move a stock that trades in the triple zero range, especially one such as HRDN that currently trades at .0001 but we have quickly learned that with this stock, that simply is not the case. HRDN though sitting at .0001 needs a relatively small amount of shares traded, to see significant changes in price per share. For example, right now $1,600 in trades can see the ask move to .0003, which is a value 300% greater than it's current price. The current bid at .0001 sits at more than 165 MILLION shares, meaning that it's far more likely than not, that this play will be seeing some strong movement in the near future.
Seriously, look at this:
Chances are we're going to see .0002+ in the extremely near future...then again, while typing this the ask was hit for 2 million shares and HRDN is up another 100% from .0001...big surprise? Not really. With so many shares on the bid for a company that is poised to move quickly, due to a small amount of shares in the float, it is unlikely that we will see these lows for very long, especially as word continue to spread. We fully expect this play to be a powerful one, as things move forward.
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