Day traders have crippled the stock... simple.
It would appear that irrespective of news, these traders will buy and sell in the 0.2-0.5c band cycling any support the stock can muster.
Nearly 32 million shares traded and we're 0.1c higher than the last close.
This isn't an easy thing to stomach.. justified or not.
If the institutions don't support this soon we're destined for continual let-down.
I am trying to put on my positive goggles but they keep getting fogged up.
Not sure what anyone can say to put a positive spin on this. One great announcement after another followed by one great let-down after another.
I watch stocks like GDN rocket from 4.8c to 20c in a matter of weeks and we can't hold above 3c (after opening at 2.8c) on news which pretty much confirms the well is a done deal and even teases us with the prospects of it being better than ever expected.
Where is the sense in that guys?
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