Hopefully not a dead cat bounce.
Also, the stock got sold down heavier when there was this 'bounce' last time around, at the 0.05s. It was probably due to day traders hoping to make a quick buck but the retail traders and bots did not buy into the artificial inflation, and had to sell when settlement time came last week.
This buy-sell volume, require someone with holding capacity and conviction to effectively push up the SP, not 2-5day horizon speculators/traders. Hence, that is why we need some institutional investors to 'support' the price to prevent the slide and prevent wild swing in out SP.
SP Sliding ~50% in 2021,
SP sliding ~70% since 2020,
SP sliding ~40% since 2019...
++++
++++
SP Sliding ~80% ! SINCE 2015....
Well, it clearly shows long term holders are cashing out, and that 5-6 years of data does not lie. Management would have sufficient years to do a transformation, which would had attracted the smart money in, but it seems that no smart money is flowing in, just going OUT.
Yes, I know it seems i'm negative, but we can be optimistic but realist at the same time.
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.72M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1786 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 5888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 776 | 0.255 |
1 | 39763 | 0.245 |
2 | 13229 | 0.240 |
1 | 12543 | 0.235 |
2 | 12200 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 7036 | 1 |
0.275 | 5887 | 1 |
0.285 | 52000 | 1 |
0.290 | 85000 | 2 |
0.300 | 38181 | 3 |
Last trade - 09.00am 02/09/2024 (20 minute delay) ? |
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