Because a lot of the $2.3 billion market cap is based on speculation and not tangible assets.It can't be based on earnings as there aren't any.
When I was drawing comparison to BNPL and Crypto is what not a comparison of the various asset classes but the type of investor attracted to these get rich quick or speculative stocks.
In a bear market a lot of stocks are sold down indiscriminately even with good tangible assets backing bit those stocks with a lot of speculation on the MC are hit harder with everyone running for the exit at the same time.
New TA/Charting, page-8479
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Last
90.0¢ |
Change
-0.010(1.10%) |
Mkt cap ! $2.182B |
Open | High | Low | Value | Volume |
92.0¢ | 93.5¢ | 89.5¢ | $18.88M | 20.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 1306184 | 90.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.5¢ | 74115 | 1 |
View Market Depth
No. | Vol. | Price($) |
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19 | 820198 | 0.900 |
28 | 447488 | 0.895 |
44 | 419825 | 0.890 |
15 | 406977 | 0.885 |
58 | 475229 | 0.880 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 74115 | 1 |
0.910 | 878160 | 19 |
0.915 | 281258 | 7 |
0.920 | 131104 | 4 |
0.925 | 85000 | 3 |
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