I agree. With all the hype in the Cloud space (after the ridiculous number of companies undertaking reverse acquisitions) and the graphite space subsiding, there is plenty of hot money floating around at in the market at the moment looking for the next big thing.
Funny enough, the fundamental potential of both these sectors have not changed a single bit - companies are still migrating operations into the Cloud space, and the potential of graphite is still stronger than ever. Just goes to show how these traders are not just short-sighted, but also wholly embrace the herd behaviour mentality which they try to mask using technical charts. It is frustrating how they consistently dampen the sp of good companies with solid potential all in the name of a few small traders. But on the flip side, they present some nice entry opportunities for mid to long term holders with these artificially lowered prices.
So who ends up making more money over the long term? Holders that get in at ridiculously cheap prices then hold as the company unveils its potential, or traders that keep jumping in an out of traders just to make a small buck? Go figure.
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6.2¢ |
Change
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Mkt cap ! $13.07M |
Open | High | Low | Value | Volume |
6.2¢ | 6.2¢ | 6.2¢ | $1.066K | 17.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
6.2¢ | 49800 | 2 |
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No. | Vol. | Price($) |
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1 | 75000 | 0.060 |
1 | 49100 | 0.058 |
1 | 19504 | 0.057 |
3 | 45000 | 0.056 |
2 | 406000 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 20000 | 1 |
0.068 | 42857 | 1 |
0.069 | 87310 | 2 |
0.070 | 124720 | 2 |
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