I think that this doesn't amount to an explanation to be honest
"I don't like Bergen!" could refer to anything. For example, the popular TV series "Two Guys, a Girl, and a Pizza Place" in which one of the main characters is Michael Bergen. played by Ryan Reynolds, who is hilarious. Who could possible not like Bergen in that context?
Now if Bergen is say, some investment firm that has a past habit of buying shares and dumping them to make a quick profit and move on, then they are just one of many, and with volumes of the orders you are talking about (35 million units), it means very little for the SP movement, just like the large numbers of pump and dumpers who will want to make a quick profit out of this stock. It all will make little difference when we look back at the larger trend. Have faith in your decisions and investment if you see the long term value (as I do) and don't be put off by the behaviour of others, as all it will produce is short term fluctuation, and an opportunity to average down.
Ask yourself this, if MGT is on track and doing well, and Bergen dump shares, and it somehow (unlikely) contributes to a retracement in the share price, what does this mean, risk or opportunity? OPPORTUNITY. Short term profit taking provides opportunity for long positions, thats just part of the game we are playing.
IMO DYOR
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I think that this doesn't amount to an explanation to be honest...
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $21.33M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 18.0¢ | $29 | 160 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 55236 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 31997 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 55236 | 0.180 |
5 | 101809 | 0.175 |
9 | 185351 | 0.170 |
2 | 11500 | 0.165 |
2 | 90000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 10000 | 1 |
0.190 | 44358 | 1 |
0.195 | 8310 | 3 |
0.200 | 132206 | 3 |
0.205 | 49999 | 1 |
Last trade - 15.36pm 09/10/2024 (20 minute delay) ? |
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