SC you may be right of people wanting to sell but that is the point.Once it goes up 20% it is easy to drop it back again 20% - is only one tick. At the moment, to move it up one tick will require a huge catalyst. And on no momentum will probably fall again anyway.
One tick at this level is a 20% move in sp, raising alot of expectation of buyers to lift their bid. Very difficult.
One tick at 5 cps is only 2% move. Then it can gather some momentum and the 2% increase is more easily accommodated in buyers minds psychologically speaking.
Ann: Paladin Labs Announces the Launch of Travelan in Canada, page-5
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8.5¢ |
Change
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Mkt cap ! $19.37M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 11610 | 2 |
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