There are a substantial number of shares down today as it is a red market. No interest from day traders etc at present and the bigger guys would be buying time to buy more.
The down selling at the moment is retail investors preserving capital. Evident in the sale from .075 to .074.
It is funny that us retailers complain about a falling share price, but are primarily the ones who incur the grief on ourselves.
Not shying away from the market movers playing with the share price, but when the retailers fear their "in comparison" little holdings are going caput, they cash out and make it worse.
Preserving capital is one thing. Playing into the movers hands is another. Selling on what is obviously a down day is just stupid.
People cant thing that selling at a loss now and then thinking they can pick some more up elsewhere or make it back on another stock are just punters, not investors.
Add to My Watchlist
What is My Watchlist?
