The market lies, i look at the company and i like what i see.
If i want to buy a fender telecaster worth 3k but i want to buy it cheaper.
And i post ads on ebay for the same model telecaster for $800 and get my friends to buy them even though there is no telecaster.
Then i go to the person selling the 3k tele and offer them $1000 and say "your tele is overpriced, people are selling the same ones for $800"
That person may fall for the grift or they can say "pffft nice try baby"
People are allowed to buy and sell at whatever price they like, it is no reflection of the true value of the company and its potential. Its just a transaction between two people. One seeing value in buying and one not seeing value and selling..
OR two or one person making transactions to give the appearance of lesser value.
All of these things occur on all markets all the time.
This is why we have teams of accounts relentlessly stoking the flames of fear.. things will turn around in good time.
Sell or buy as you please.
Patience is a virtue.
The stockmarket is a mechanism for transferring wealth from the impatient to the patient and all that
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---|---|---|
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20 | 13972298 | 0.011 |
21 | 7111465 | 0.010 |
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