I for one am not upset that the company is raising money and am very happy there aren't attached options. I think Steven is doing a great job maybe with a little too many presentations with no added value. And i am very optimistic on the company.
The value especially at this end of the market (no revenue) is based on risk and also across the market as a whole. It doesn't nessesarily mean the market is wrong when the share price moves but that the risk profile has changed. I would 100 times rather trust the market over a bunch of people on HC who could have alternative motives and are very invested in peaching a certain story. A free market is generally the best way anyone has of pricing something.
Also surely your kidding about the shorts....$130k worth... that's nothing lol. Especially when they could be shorted against an option position, meaning the shorters won't profit as the stock sells off.
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Last
4.7¢ |
Change
0.002(4.44%) |
Mkt cap ! $37.85M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.7¢ | $13.29K | 283.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2398 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 47429 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2398 | 0.046 |
2 | 119999 | 0.045 |
4 | 699841 | 0.044 |
2 | 157800 | 0.043 |
5 | 204523 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 47429 | 2 |
0.048 | 155000 | 1 |
0.049 | 114091 | 2 |
0.050 | 398175 | 8 |
0.052 | 500000 | 1 |
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