Yeah fair enough. It was a good trading stock when it first listed late last year, as the mass influx of volume from seed and IPO holders rushing to exit created a great trading opportunity. Now, not so much.
Since then its quite obvious from looking at the trading history that the volume has almost completely dropped off. New buyers aren't even that tempted to get in today at below IPO price.
Much tougher to trade now as barely any volume, and the current chart looks extremely bearish to me.
Not to mention there are 1.3m shares coming out of escrow later this month!
14D Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held
