To hold an institution controlled stock, is very painful, they have time and tools, even some multi billion stocks, they can play hard as well, ie. QAN to 90c, then pushed back to $4; similar to FMG, down to $1.5 then tripped in about six months. Did fundamentals change dramatically? Not really, but price action can be changing dramatically.
1PG pushed down from $5.69 to 36c in 11 months, not far to its cash back level now.
Lack of news, fear reenforced over and over again, at one point, it should turn around purely based on price action. IMO.
Expand