I fail to see the pump and dump? Where was the news to pump the story? It was 800,000ish shares in a day. Someone wanted to buy a reasonable enough $200-250k position in the company and bought what was on offer? Whilst they might have bought some shares at 49c the low of the day was 39c (from memory) so there average price couldve easily been 42c if the majority of shares on offer were that price.
I understand the reservations on PH. He is different to the standard CEO. Is he out of his depth, well I think he has some deficiencies in some areas and is good in others, but that is my opinion only and my only direct interactings are asking a couple of questions in half yearly meetings.
I have thrown my toys out of the cot a few times at home seeing the SP tank and can understand some that bought above $1 a share seeking blood, at 80c I have wanted blood a few times, but in reality I am honest with myself that I bought in at too higher price when I didnt look back pre-COVID and where they actually are in the development cycle. Luck has a part in making money in this game, but accepting wins as good selections, and losses as back luck is a quick way to the long term poor house.
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5 | 231045 | 0.024 |
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4 | 670030 | 0.021 |
2 | 450000 | 0.020 |
Price($) | Vol. | No. |
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