I have been through one and still sitting tight. Through my research on split/consolidations I've seen that most consolidations (after the initial set sp) falls or may rise slightly then drops, not quick but like the stock has lost interest. This is where it has. All the small traders mums/dads are stuck in this consolidation meaning it's highly unlikely the stock is going to double from the sp its at now so the sp will sit in limbo hoping larger investors will just throw money in. The sp on cad will go no where imo until somebody wants our li, if we got lots of high grade. So really all a consolidation is 3 things 1.squashes them shares up 2.squashes mums and dads up 3. try's to build interest again. summery: bit of a confusing cycle that can end bad or take a long time for the stock to take off. I'm not trying to be negative here just always curious as I guess a lot of people are to.
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I have been through one and still sitting tight. Through my...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 21513874 | 21 |
0.003 | 61175300 | 52 |
0.004 | 38676416 | 23 |
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