Wasa (and others) my simplistic explanation of the current SP shenanigans goes like this.
Someone is accumulating and they are smart. They know that with our potential the SP cannot be pegged to the extent that it was before Rett's P3 result. That there will be a cyclic upward demand - times when they cannot stop it running. When a run (temporarily) runs out of steam the algos come into operation to flush out profit takers (traders et al / weak hands) and mop up the relatively few shares on offer at a continually sliding daily price. When the tree shake stalls, they wait for the next run, then rinse and repeat.
IMO, the current tree shake is almost exhausted and we are just about ripe for another buying spree, hopefully to a sustainable $4.50 or upwards.
[Somehow, gotta fill in my time with silly thoughts.]
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Open | High | Low | Value | Volume |
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---|---|---|
1 | 7079 | $15.05 |
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4 | 4738 | 15.040 |
1 | 1396 | 15.030 |
3 | 2653 | 15.020 |
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Price($) | Vol. | No. |
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15.170 | 3189 | 3 |
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