SP will continue to slide until it exhausts itself or there is some A1 scientific result which confirms the hype.
If I read this situation correctly, market psychology (aka trust) is all but scuttled with CTP.
Trust requires the expectation of fulfillment.
What we have seen is the sodomy of fulfillment and unrequited expectation.
Until there are clear results which meet expectation, the SP is poised to flounder and worse. There is a strong vein of spruik by CTP of the merits of the desert.
However, there is only so long that talk will attract and we are well past that point.
When the posts drop down to a few daily or even nil, that is a sign market psychology is exhausting itself.
Then, there may be some sideways. That could be a good time to add in. For now, there is very little to inspire.
More exhortations about gas, helium, trillion tonnes of coal and "pie in the sky" estimations are like the ramblings of a grizzled prospector who has spent too much time in the desert heat.
We want *action*. No more words. And words about action aren't action either (lol to anyone who tries that tactic).
We want a clear match of expectation and reality. We've heard it all about expectation. It is high time there is clear, unambiguous delivery of results.
Don't buy a penny more until you see proof of the magic pudding. You may as well walk up to the queue of sellers and give them money.
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.3¢ | $4.518K | 84.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28332 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 31507 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28332 | 0.053 |
4 | 328254 | 0.052 |
3 | 554313 | 0.051 |
4 | 375000 | 0.050 |
3 | 40418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 31507 | 1 |
0.055 | 100000 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
0.062 | 11500 | 1 |
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