It's really not. There's this conspiracy movement around the market that's ever growing since WSB and gamestop.
Yes there's some mathematics behind some trading but it's not as widespread as most think.
it's all pips anyway I don't think it matters in 6 months time or 12 months if this gets as exciting as I suspect, it won't matter.
I think there's a psychology behind my stocks are down today and looking for something to blame. So the imaginary insto is the one utilise for most. Or on some days the shorters.
there's also a psychology behind my stocks are up today a whale must have entered in.
that's using emotion which can cause you to sell on a bad day.
In reality it's a simple as someone selling and someone buying. The buy sell spread analysis is the one I find funniest. There's less for sale so it must be about to go bananas. (It never does)
At the moment this is in a distribution stage. People are buying in for an opportunity at the story, some are trading on the volume. Those buying in for news related events will sell on it and others will buy and retire shares making less stock available as it develops.
in respect to the daily moves. Your time is more valuable. Unless your day trading it.
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Last
0.4¢ |
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-0.001(11.1%) |
Mkt cap ! $4.967M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $545 | 136.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 18147692 | 0.4¢ |
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Price($) | Vol. | No. |
---|---|---|
0.5¢ | 6734223 | 17 |
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No. | Vol. | Price($) |
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21 | 18147692 | 0.004 |
13 | 14015251 | 0.003 |
6 | 10850009 | 0.002 |
6 | 13000000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6734223 | 17 |
0.006 | 2864186 | 5 |
0.007 | 6794990 | 7 |
0.008 | 724900 | 6 |
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