Crystal ballGo back and look at every news day price action and you will see the same thing. The saying buy the rumor, sell the news exists for good reason. Its how the market moves. You can kick back at the beach and watch it go by in slow motion or you can get on your board and catch a wave
Its not about devaluing and trying to burn down the company. Its just a way to squeeze the most out of your investment, also part of risk management. You can sell what youve put in and free carry or just full on let your nuts hang and potentially incur losses if some unfortunate unforseen thing happens down the road.
Heaps of upside to go, and heaps of pumpy dumpy news items inbetween. News attracts new investors and short term traders and gives everyone an opportunity to stack their chips.
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Crystal ball :D Go back and look at every news day price action...
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1.4¢ |
Change
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Mkt cap ! $62.63M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $21.83K | 1.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 4659696 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2592780 | 19 |
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No. | Vol. | Price($) |
---|---|---|
31 | 4659696 | 0.014 |
21 | 5589282 | 0.013 |
10 | 3485867 | 0.012 |
10 | 6655090 | 0.011 |
14 | 5555000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2592780 | 19 |
0.016 | 9699331 | 23 |
0.017 | 1343120 | 11 |
0.018 | 3476990 | 12 |
0.019 | 1904989 | 6 |
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