CNW 0.00% 6.1¢ cirrus networks holdings limited

I agree P1. Do idiots just look at the cent value and are they...

  1. 1,315 Posts.
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    I agree P1. Do idiots just look at the cent value and are they so used to trading stocks worth a cent or less with a higher MC. This is only worth 12mill??? Seriously. When other techies or potential future something wannabes are worth double, triple or more with nothing concrete at all. Today represented a traders delight as they primed and pulled the pin.... Then others panicked or stop losses got triggered, while day punters hit their profit target and moved on. Anyway... It's a paltry market cap. People should reread the past 3 months of announcements to fully appreciate just how cheap this stock is currently valued. Well done management. They keep kicking goals and have been recognised for their amazing growth in a couple of arenas. I'm glad I found this little sucker before the usual suspects pumped it hard after they were primed. I'm holder long to see how this plays out. Manipulated daily machinations don't bother me here. The FA seems to good to ignore.
 
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