Hey CB,
You're quite a pessimist for a supposed holder...may I pep this up:
Volume has been huge the last 12-15 trading days...every time it hits lows of 4.7-4.8...buyers rush back...today may prove to be an aberration / exception to the 4.7-4.8c..I say get in while you can.
Some games are being played this morning some 5Mil sell orders at 4.9c just out of range disappearing together with other sell orders which had taken total sells over 20Mill...someone scaring weak hands to sell...the sellers are now back to some 14Mil..a genuine figure?
There are many reason's to sell, say at 4.6c..as suggested above the seller is taking profit off the table. Or s/he may need the funds for personal reasons, or to buy another stock they feel has a better potential...
BUT there is one and only one reason to buy 1.5Mil at 4.6c....the buyer expects to make money!!
If you're a betting man happy to wager SP won't fall to 4c tomorrow...
I expect a good qtrly / 4C and all the Fear already built in the fallen SP will start reversing
But then again what do I know...GLTAHs
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