Genuine question:...How long have you been investing in the stock market?
I read posts like this and then shake my head in disbelief when I realise you are using these statistics to make a BULLISH case for the company
'' For someone to sell, there has to be a buyer, so even on a red day there are still people buying into W2V.''..
Do you understand that when there is a red number against the day's performance it's a bad thing?
''There's 31 million new shares to fuel more growth.''
Yes...new shares fuel growth..right
As for your point about volume, it makes no sense whatsoever...so what if volume has picked up?....the share price continues to slide. Half of the volume occurred on the day on the debit card announcement and even then it managed to close 50% of its high...it was simply used as a liquidity event for holders to exit...
The stock fell below its IPO price a month after it listed and it has been a steady slide downhill for the seven months since then to where we are today...a few pips of its all time low
So how you can make a bullish case from these numbers is truly astounding
In my view ( nothing personal) you really have a lot of homework to do otherwise your foray into the market will be brief and expensive
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