the fine print and pushed this stock to insane levels. Read up on the deal. I work in the industry and know that it takes time to sell products, change customers' minds and hit targets. Keep in mind their imputed revenues are not guaranteed.
The fact that ADO turned over 150% of its shares outstanding YESTERDAY ALONE and the whole craze is going to hurt many holders now.
I also see this as an indication that the entire market is nearing its peak now. Certainly there are companies out there which will rise (some of which I am following) but I see the movement and fervor with this issue as a major warning sign for just about the whole market.
the majority of holders of ado haven't read
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $46.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $9.555K | 502.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1177389 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 193402 | 3 |
View Market Depth
| Last trade - 12.27pm 08/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |