consolidation usually starts with a decline in the sp but that usually vanishes once all the short term traders leave the register.
Hugh probably knows this is a bad time to consolidate in terms of sp, but if it were back at 25-30c then a consolidation would probably be perfect:
a few months of lowered MC followed by a long and steady rise to true value.
take a look at MPO chart for a good example
i can't wait to see the back of the day traders, but now would not be the time for a consolidation
consolidation usually starts with a decline in the sp but that...
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