Dont complain, if its bot trading down for insto accumulation then why wouldnt you also be acquiring??
For those long termers you would be familiar with its trading patterns and that this is a clear sign to acquire before it goes on its next run. Key things to focus to remove uncertainty:
- whole market has been sliding for the last few weeks
- heavily oversubscribed placement at amount well above current pricing
- ACTUAL REVENUE coming in the door, and growing QUICK
- Management and Regal have huge stakes in this thing
- enough cash with no need for another foreseeable cap raise (considering growing cash inflows and burn rate)
Recommend whingers develop a broader trading strategy for their stocks rather than freak out over daily movements on small volume.
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Dont complain, if its bot trading down for insto accumulation...
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