Guys, have you actually seen that on the days the share price drops our volume is like 20-30% of what it usually trades at, and on news days it gets up to 50M volume. On average we trade around 10 million shares a day, but on days when its down quite hard its on low volume, with the exception of 2 days when the whole world markets were bad.
Yesterday the US was down about 3%, but here we are down on very low volume. No one is selling except those fearful, nothing wrong to want to safe guard your cash, but I think it is day traders or flippers trading this at the moment.
I believe some are trying to scare weak holders and pick up more for themselves, as someone pointed out here look at nomura, lots of trade and staying below the 5%.
Don't forget due to the volume it is also good for a day trader, but on low volume they perhaps need to get out fast.
EVR Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)