mOngy, no doubt buyer/seller ratio is important to day trader. They are like vultures watching over carcases and looking for opportunities for quick feeds. But if u analyse the course of sales of the trades done today, I believe BOTs are working doubly hard at VXL. Trades volumes of 260, 257, 259, 260 etc. LO!!!!. With BOTs poking at it like this continuously, some weak hands will surrender and follow. Hence, SP movement not reflecting the real value.
No doubt SP has dropped from the 50s (5/1/2015) to 40 cents today, but the daily sale volumes were all below 100.000 except 2/3 days. There are no fire sales as such. I am not pressing the panic button yet. Give the company a chance to prove itself please. Too much unnecessary speculations published here. Take a break, sigh!!
VXL Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held