I am not the most experienced trader here and I do not really want to be the poster boy for those blaming day traders. However it is true the stock is being traded and in my view that impacts the potential price in the short term. I contend that day traders by their nature must change the supply/demand equation or they would not succeed. Now many would argue that the day traders do not change the equation but actually become part of it....interesting semantics!
I am sure that a bunch of intellectuals or even economists or accountants could debate this for quite some time, but it is not really worth it. As you quite correctly state there just aren't enough buyers ATM.
People in this for the short term should be trading it and those of us who are in it for the longer term are just interested and pass the time by making worthless comments on forums such as these.
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Last
61.0¢ |
Change
0.020(3.39%) |
Mkt cap ! $115.7M |
Open | High | Low | Value | Volume |
59.5¢ | 61.0¢ | 59.0¢ | $23.29K | 39.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2523 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2523 | 0.595 |
2 | 23890 | 0.590 |
1 | 32500 | 0.585 |
2 | 55000 | 0.580 |
2 | 59200 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 5000 | 1 |
0.630 | 31814 | 3 |
0.640 | 52095 | 2 |
0.645 | 25000 | 1 |
0.650 | 55770 | 2 |
Last trade - 15.27pm 04/10/2024 (20 minute delay) ? |
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