It wasn't a bad announcement as they have access to Amazon to sell their product through which accounts for 19% of drone sales but yes just a distribution channel so after run up a sell the news event justified. I still have some iot as stop loss below 3 cents not hit but missed yesterday's selling opportunity as busy with other things.
Suspect will consolidate around here for.At least 5 days to accumulate for all.the t+2 traders who jumped in higher. Won't buy anymore but this looks reasonable punt T these levels as making some good traction contrary to usual nonsense you read on here.
IOT Price at posting:
4.0¢ Sentiment: None Disclosure: Held