Personally I don't think there's anybody trying to keep the share price down.
The speccie end of the market is just a bit rubbish at the moment.
cf33 could well be "the" cure for cancer, so why isn't the market buying it? I don't think it's seeing it.
It'll probably be one of those stocks where suddenly everybody knows about it and lots will be wondering how did they miss it.
But like I said, the market isn't seeing it. The chart is terrible (probably). And the current speccie market is rubbish.
As an example, a conservative valuation came out for pwn a few weeks ago of 8c to 60c. The sp rose from 1c to 1.2c - but then a day or two later it was back down again.
People seem to be happy taking 10% profits when it comes available. They don't care that they are selling $2 coins for 11c - because they bought them at 10c and are up 10%.
But eventually if you have got the goods the value comes through. Probably one day (and perhaps not too far away) we will all be remembering these sub $1 days. And probably asking why didn't we fill our boots more.
I'm looking forward to seeing if cf33 really is as good as I think it is.
cheers
IMU Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
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