Supply/demand
2 million buyers at 8-8.1
1.1 million sellers between 8.2-9 cents
why on earth would you sell at 8.3 today...?
if you have not done your research maybe?
if you buy on hype when a stock is going up and not sure what you bought?
If you a short term trader?
If you get scared like 80 of the market and sell when others sell?
If you a sheep?
If you on margin or need cash?
or FEAR FEAR FEAR of it going lower......
Most humans don't think rationally when under pressure..If u scream fire everyone goes crazy.....same thing when a few people sell shares...
market IMO often has an idea where a stock should be trading but very often doesn't trade anywhere near that price,,,thats where the oppertunity lies,,,stocks go up and down by huge percentages every day/weeks due to emotions/manipulation ect ect.....key is to choose well, stick it out and even when others sell you need to BUY..
I bet some of the sellers today paid over 10 cents this year and at the time thought they would make 100 profit in a short term? they end up selling at a loss today and NOTHING has changed,,,avd is some company today as last month,,things are even better...
all my opinion anyway
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