- Entry
- $0.1116
- Now
- $0.1116 +0.0%
- Target
- —
- Score
- —
Yesterday’s **“flash sale”** in $BLGO wasn’t about bad news or a broken thesis – it was about structure and liquidity. A single seller moved roughly 500k shares (around $70k in value, only \~0.17% of the float), but because the stock is thinly traded, that was enough to knock the price down about 18% in a straight line. That drop then triggered stop‑loss orders and spooked short‑term traders, so more selling followed and, on paper, nearly **$10M in market cap evaporated** …
— ORIGINAL POST ·
Tiny $50M BLGO Just Got Smoked on 0.07% Volume – While Partnering With Billion‑Dollar Giants and Owning Half of a $100M Medical Sub
· r/pennystocks
· May 12, 2026