Why the company is where it is, could be answered with just a few and simple points of plus and minus and factors that have effect on markets.
1. Most would agree that markets are emotionally driven, and trust and lack of trust are either end of the spectrum.
2. So where are we on the scale between the two, i'd say we are sitting at 60%, a little above the halfway mark because we are all waiting for the news that was a game changer in the eye's of most holders me included. The sentence ie having talks with a tier one Automotive company.
3 Time factor, When you go shopping and you walk along the retail aisles or buying on your smart phone or computer more likely. What do you see the most advertised. The promise of half price sale but hurry because sale ends Bla Bla Bla.
The longer the sale goes on the less customers will buy because they see it as a gimmick, i am not saying that this is the case here, it is just one of the factors that effects sales, And with fact checking these days we are more so AI lead and we don't realise it.
4. If the talks have stalled or are still going no one knows because no update has come forward yet.
So is it a sale or something else, this goes through the minds of most traders probably all of them at some stage and that reflects price i guess. therefore we are at 60%, And nothing is happening, but considering for the year we are up. I always take some off the table and reinvest it on a low.
Techy rare earth companies do mostly the same thing.
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0.3¢ |
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Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $24.25K | 8.083M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4151392 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 73352414 | 58 |
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No. | Vol. | Price($) |
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8 | 3651392 | 0.002 |
116 | 246114343 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 73352414 | 58 |
0.004 | 30699881 | 37 |
0.005 | 13108401 | 11 |
0.006 | 6376332 | 10 |
0.007 | 801437 | 4 |
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