think about it a different way, I can think of many but 3 come to mind.
How likely is it people with very large high value holdings,
1. Got to the point of having enough wealth to be able to throw 6 figures at this company?
(A couple may have got bitcoin rich, most maybe make smart investment decisions)
2. Throw 6 figures at a company without doing much due diligence, or surface level DD. (Most sophs, or “smart” money investors, go deep. Possibly researching & contacting all levels of people & information someone with a smaller holding may not)
3. Access to information. High net worth individuals often run in different circles that allow more access to information and different discussions happen closer to the truth when you & your friends own a larger chunk of a company, like it or not. Large holders are considered “owners” of a company. let’s face it.. the world runs this way & it’s Naïve to think otherwise.
Do your own research of course, but it’s also a good idea not to go against the smart money if the fundamentals stack IMO.
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Last
$1.55 |
Change
-0.020(1.27%) |
Mkt cap ! $264.0M |
Open | High | Low | Value | Volume |
$1.59 | $1.62 | $1.51 | $218.3K | 138.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 95 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 157 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29100 | 1.500 |
1 | 353 | 1.470 |
2 | 3444 | 1.440 |
3 | 101000 | 1.420 |
4 | 14785 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 157 | 1 |
1.580 | 6715 | 2 |
1.600 | 2319 | 1 |
1.620 | 5327 | 1 |
1.630 | 1270 | 1 |
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