Isn't it funny how a company and its management are seen as doing a great job and get plenty of praise, as long as the sp is going up, even if it's only going up rapidly because traders are chasing it up. Then when a sp is going down it's management's fault even if the sp only started going down because of profit taking followed by traders bailing on a declining sp.
The company is no different than it was a month ago. Circumstances changed that led to a need to change the product mix which delayed the DFS. Fundamentals are still outstanding and its the same management that was there when the sp went from 5c to 21c last year and from 10c to 19.5c recently.
What does change is the way traders are trading the stock. Chasing it up, then chasing it down, then chasing it up again. All along trying to explain why it's going up or down so much.
With a decent sprinkling of ramping from some of those traders changing their tune as they switch from buying to selling and vice versa.
Good old forums. Got to wonder why I waste my time here sometimes.
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5.0¢ |
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Mkt cap ! $43.93M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 4.9¢ | $25.88K | 522.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 604000 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 15999 | 1 |
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No. | Vol. | Price($) |
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4 | 604000 | 0.050 |
2 | 163837 | 0.049 |
2 | 92726 | 0.048 |
1 | 150000 | 0.045 |
1 | 3031 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 33000 | 1 |
0.054 | 20000 | 1 |
0.055 | 55707 | 2 |
0.057 | 50979 | 2 |
0.060 | 463333 | 2 |
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