my feel is that the day traders are clearing out their holdings; I hypothesise only:
- buying yesterday was broker(s) getting some - day traders today see that is the likely bounce price for a while, so they exit their 8 cent buys at 8.8 cents
if I am correct, we will sit around 9 cents for a while
if I am not correct, we will sit around 9 cents for a while, or we may fall a bit, or go up a bit, or fall a lot, or go up a lot
now, honestly, when you think 10 mill shares is only $900k in big, big day - so not enough $s traded to smooth bumps; once we get to, say, $2 a share, and the market cap is $1 billion, then the share price will not move around so much
LDX Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
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