It's like no one here has watched a stock price fluctuate.
This stock had a waiting period until results of about 6 - 8 weeks (2 months) so I'm not surprised people pulled out. While the rest of us see great potential those that live of the stock market also understand this isn't the only great stock to make money from. This is one of many.
So the people who are waiting for the results pull their funds and profits and re invest in other stocks to continue Making money. This then causes the price to drop. Those that are not aware of how a stock price goes up and down freak out and sell for no reason. Sending it down further. Stop losses are triggered selling down even further.
Eventually it will bottom out. I reckon as we get closer it will start rise as people buy up in anticipation or buyback in. Possibly 3 days out before the expected results. All this is my opinion of course. Do your own research to gain your own views.
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Last
1.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $15.28M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $5.753K | 525.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2292203 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 617746 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2292203 | 0.010 |
20 | 5581406 | 0.009 |
6 | 26896804 | 0.008 |
5 | 5799516 | 0.007 |
5 | 4900808 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 617746 | 4 |
0.012 | 1140337 | 5 |
0.013 | 1192348 | 7 |
0.014 | 3505224 | 7 |
0.015 | 4223336 | 7 |
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