Nothing of any consequence, just a bit of fun. From mid 2019,...

Nothing of any consequence, just a bit of fun.

From mid 2019, RAC traded from around $0.01 to about $0.20 by Jan 2020, when things got a bit exciting, and the punters took it up to the $0.50 level by mid Feb. Clearly an extremely hard run and overbought far enough to prompt a thorough shake out to 27 cents within a couple of weeks from that top, great trading but punishment for those optimists who had fallen in love with a stock lacking financial fundamentals. Let that be a lesson!

But that was not all, from then on tis dog traded sideways for 10 weeks, between 20 to 30 cents.

Then it did a Lazarus, the rest is history.
(Any similarity with IMU, implied or otherwise, is purely coincidental. Good luck to all traders and LTSH)