Looks promising given less than 200k have been traded so far?? Many examples of share prices dropping to irrational values on "low volume" just prior to a rise in Share price.
Column 1 Column 2 Column 3 1 13 Buyers 219958 Shares 0.640 Price
Making Sense of Irrational Behavior
Fear is one of the emotions that can be preyed upon by the professional trader. As a stock pulls back in a normal correction, tension builds among the holders of that stock. The further it pulls back, the more a trader is afraid of losing unrealized profits, or worse, the trader is underwater. This fear can turn into pain, and instill irrational thoughts into a holder's mind. Although the stock may be in a strong trend, the fact that a trader is losing hard-earned profits causes the trader to rethink his or her position. The trader will probably reduce his or her position several times, or sell out altogether. Sometimes, the fear spreads to other traders as the stock continues to fall, causing a group of traders to act in cohesive irrationality. While irrationality is subjective, it becomes a trader's job to identify where a group of market participants has let an otherwise healthy stock drop too far. (For more insight, see Understanding Investor Behavior.)
Read more: Traders: Profit From Other Investors' Fear https://www.investopedia.com/articles/trading/07/buyfear.asp#ixzz55iTtOSmg
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