MNS 0.00% 4.2¢ magnis energy technologies ltd

How do you interpret that as buying or selling? I feel...

  1. 2,421 Posts.
    How do you interpret that as buying or selling? I feel definitely distributing at the 50 cent level. Time will tell tell if the buyers have deeper pockets then the sellers. Near on 5.5 million shares traded in the last 2 days with 4.5 million at break even or underwater.
    Thats alot of effort and if the buyers just pull back it would expect to slide.

    How do you read your data as a positive?
 
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