Here’s my theory on the current SP being were it is today and...

Here’s my theory on the current SP being were it is today and why it my be sitting in the 3s for some time to come.
Let’s go back to the year 2020 when you could’ve bought MGT at around 0.004 or even as low 0.0009 in March 2020.
A 35k investment for eg would have nurtured 9 million shares let’s say, I’d say some one these share holders are now taking some profits and selling a million here and there.
If you look at volume of sales per day they are very low, and today was only 11 million shares sold, as someone else put it on HC, ” it’s just fish and chips“ in the big scheme of thing.
What the current SH need is funding announcement from management and that’s when the fire works will start.
Just need to be patient and every dog will have its day, as I’ve stated in previous comments, this just a personal opinion of what I see playing out at the moment.