Hi verce,
It doesn’t count for much, but I sold my (small) parcel, too, when I saw the direction the price was heading into the news today.
However it was not a ‘panic sale’.
SBW is new to me and I am still learning about it - including about the manipulations of ‘market makers’.
Based on ‘boundaries’ of 27.5c and 20.5c, and past experience of refusing to let go, I felt it was prudent to lock in a profit - especially after watching the price creep up on (mostly) small volume in the last few days followed by the immediate high volume selling into the news.
Also when I scanned the announcement what jumped out at me was;
“The priority for the remainder of 2020 is to continue to ensure adequate liquidity for the company to enable it to thrive in offering autonomous shopping solutions for the future.”
... which fed into my feeling a capital raising is imminent.
.... so maybe in a way it WAS a panic sale?
Now I am watching with interest the way the price touched that 20.5 level and has bounced strongly back....
and am not averse to buying back in - even if higher than my sale price.
..and hoping it does close high for all holders here.
cheers and thank you again for all the information you have collated on Shekel Brainweigh.
Hi verce, It doesn’t count for much, but I sold my (small)...
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