I see your point. My view is that you have your different types of people.. that group of people that have bids in at 12, 13, 14 cents, some of them have made decisions that that's what the stock is worth, others just love having big ass bids in a few cents below but probably lower it if the sp drops closer, fence sitting tight asses, others maybe accumulating. Then there's people like myself that don't really know how to value a stock, so you just read up about the company as much as you can, then say, sounds good and buy the stock, not sniff around the buttocks for weeks looking for good entry points. In general, the sp slowly declines until news comes. Last week, someone bought a million, (not sure the order completely filled), today there was this purchase. Is it smart money as you say, or just some mofo with heaps of cash?
YOJ Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)