Annoying because there is a time for momentum trading and clearly a lot of them didn't read the ann properly.. Nothing to pump. Maybe they confused it with actual trial results or thought there was enough overlap with corona.
Momentum traders are fantastic in pumping a stock when they paint those big green candles but some of them need to pick their battles wisely. Zzzzz. Now they be down money slowly trying to rush out the door. Some could be profit taking from taking the bounce trade from lows though.
It hasn't even been a month into the quarter yet, but our series of anns should start to kick off soon.
Expecting quarterly anytime between now and 20th April, expecting TBI rego between now and 1st May, expecting some kind of update with INCANNEX Oils considering the huge growth in CBD oil sales that Cannvalate is experiencing and of course the highly anticipated company making anns of ethics approval + commencement for OSA and TBI late this quarter.
I'd rather the trapped traders get out now rather than stick around and clog us up when we do start announcing result based news.
