yeh, but even a lot of "penny stocks" reacted in a positive way last week, (the one's I am in did at least).
You say short term, very few investors are 5/10 year investors, many people don't have the time or inclination to throw large money at a stock to then sit on it for that amount of time & not worry they are losing thousands when everything else around them is going up in value.
People though can't blame Chaya, if they knew his background they would see he's an emotional investor, albeit a very rich one, he did the same with Renergen - loved it, backed it, told everyone it was going to the moon, then something happened, he got emotional & sold it all. What it does leave is an oversupply of stock - which I think we have here.
Anyway, bottom drawer, shine is definitely off this, revisit in 2024.
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