What I interpreted from the past was that ADO went through a pump and dump. I just can't ignore the fact that the price blew past 10c then came down to below 5c a few days later to support levels. Albeit not a real pump and dump where the prices are artificially inflated through misguided information, but I just feel that the sensationalism associated with the massive % increase in price lead to a pump and when we realised that the prices were overinflated, we dumped.
It's a personal opinion and I feel that the price action showed a pump and dump, but if you disagree, lets agree to disagree. I hope that clears things up.
ADO Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
