like you todays trading has me stumped. When the announcement came I was convinced we'd open in the 90's and push to $1.
not just the movement in price, but the fact that all through the day, and now after the close, there are a lot more sellers than buyers - roughly double give or take - both in number and in volume. this simply doesn't make sense to me, particularly given what appears to have been a very positive announcement.
even if it's "accumulation".... surely that it would be reflected in buying volume well exceeding selling volume.
I'm a relative novice at this gig so happy to be enlightened....
WC8 Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held
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