I hope you’re right, however sophisticated investors with good brokers will use all sorts of strategies acting on the buying and selling side of the ledger to maximise their selling price when new interest spikes the price in any speculative stock. Similarly without firm business metrics or indicators to set a valuation this stock may remain a plaything for traders short term. In reality this just provides opportunity for those with conviction in the underlying business. The recent drop in price (and any further drops) just provides a better risk/reward proposition.
What period does the sales update include? If it includes June we might just get some early signal of new adoption of iTrack, which would be encouraging. I hope we’ve got some gun device reps pounding the streets and in the ear of the right surgeons!!
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $49.19M |
Open | High | Low | Value | Volume |
22.0¢ | 22.5¢ | 21.5¢ | $130.0K | 589.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 506631 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 9070 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 506631 | 0.215 |
5 | 149761 | 0.210 |
2 | 29540 | 0.205 |
11 | 131320 | 0.200 |
2 | 8000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 9070 | 1 |
0.230 | 67523 | 3 |
0.235 | 15000 | 1 |
0.240 | 28253 | 1 |
0.245 | 26000 | 2 |
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