SP . Price movement, page-2524

I had indeed sold my entire holding, that is correct, simply following my notices here of an overpriced shareprice.

I missed the run to 49.5, did only a trade in this period and sold at around 40 cents, from then on went more or less silent on the stock until I thought it to be interesting again as price had fallen to levels more in line with my revenue expectations.

My support for the tech and the leadership is unchanged. But when hype propels price to levels I can not support with my own research, one only has the option to sell.
To make this public is of no interest, only share this as you ask.

I now made my first cautious buys, fully aware that this might still have some way to correct.
In that case I add at lower prices and reduce average.
Having said all that, I see clear broker influence in the price action lately, which reminds me of the drive down from 33 cents to 15.5 cents and then again now from 49.5 cents down to 23.5.
Those levels correspond with each other and represent a roughly 50% correction, which might be the broker's target before he/ she expects new price sensitive announcements.
That made the 23.5 cents interesting, particularly since it was done on volume.
Charts saw this as major support which needed to hold to avoid much deeper falls.
Action today is not clear enough to exclude such action yet.

I still have not seen enough revenue creating details as in order contracts from our consultants in Europe and India.
Once that is forthcoming we should get a clearer picture.

As Rameez often says, there are other plays out there which are running well in the moment, so some freshly gained funds from there will trickle back into ADO, as it stands now.

all IMO