I see today's selling as being more related to future short term news flow than any drilling results. Today's news looks likely to be the last for several months and without an obvious catalyst to move the stock up or down for the foreseeable future, traders will leave and look elsewhere in my view. They're looking for more volatility. The drop today also attracts the usual crowd of vultures with their meritless bluster and zero analysis. As fake as Velveeta cheese. You see one cockroach scurry out from under the fridge and you know there will be a couple more following behind. And it can scare a few more into selling on a day like this.
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15.0¢ |
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Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 14.5¢ | $64.45K | 422.0K |
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No. | Vol. | Price($) |
---|---|---|
4 | 200001 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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16.0¢ | 3332 | 1 |
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No. | Vol. | Price($) |
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1 | 100000 | 0.150 |
2 | 40400 | 0.145 |
1 | 20500 | 0.140 |
3 | 14002 | 0.125 |
1 | 100000 | 0.110 |
Price($) | Vol. | No. |
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0.165 | 7100 | 1 |
0.170 | 60240 | 1 |
0.195 | 3125 | 1 |
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0.220 | 4444 | 1 |
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