I dont know about accumilation. Sentiment seems to be the governing factor imo.
I think alot of investors see GMV as too good to be true and although updates are frequent, the huge $$ signs are still just numbers. Once one of these deals fire up i think the confidence will kick in pretty quickly.
Its been a rough ride for many of us. We have endured sub ipo prices, boring 30-40's huge dumps etc
and an average chart. Yet here we are almost 150% up and very close to live products with obsene orders. (20% over only last week)
I have a huge chunk of my cash here and not worried in the least bit if we return to 39 cents tomorrow. It wont change what will happen to share price in just a few more weeks.
Gl
I hope my views sooth the nerves of those who deserve a little cash extra cash.
All imo ofc
GMV Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held