With due respect to long term holders, I am seeing very organized exit for last two days, as if some large holders were waiting for the liquidity event to leave the house. Both yesterday's and today's announcements were huge in my opinion but look at the market reaction! 12M shares traded with almost no change in price! I have held IMC for a very long time and know how things can turn ugly in this space.
I very well understand the meaning of DoD approval but did not expect such lackluster price action. It's a good stock with significant upside but something is pretty weird at the moment. 12M Volume is not related to day traders only. I am watching and certainly wont mind an entry at a lower price, if it happens. Good luck everyone.
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Last
$2.07 |
Change
0.030(1.47%) |
Mkt cap ! $1.429B |
Open | High | Low | Value | Volume |
$2.11 | $2.12 | $2.05 | $2.783M | 1.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 19976 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.07 | 9633 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 13548 | 2.050 |
2 | 22500 | 2.040 |
1 | 25000 | 2.030 |
1 | 1000 | 2.020 |
2 | 4000 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.080 | 30000 | 1 |
2.120 | 30000 | 1 |
2.130 | 5000 | 1 |
2.150 | 725 | 1 |
2.160 | 33032 | 3 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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