It's usually about this stage of an unfolding discovery that I...

It's usually about this stage of an unfolding discovery that I like to pull out the daily chart (with volume). Price action always needs to be considered in relation to volume. Imagine a scenario where almost every buyer pulled their limit sell order and then someone bought $10k of stock which pushed the price up 50% - would you consider this increase in MC "real"? Or would you recognise that it's related to a lack of liquid which affects price discovery? Of course you would. So why place such importance on share price drops during low liquidity trading with low total volume (we've only traded just over $2M today compared to $30M on a huge green day last week)? Here's the daily chart with total relative volume during green days (black box) v total relative volume during red days (blue box; averaged). Look at the relative difference in volume - there are a lot of believers in this discovery who haven't sold. There aren't as many sellers as your brain is trying to tell you there are... it's seeing your position value drop that's making you stress. We were having this same conversation in the CBE threads a few weeks ago when price dropped from 25c peak to 14c low on low volume... before it went on to increase 400%. No reason it can't happen again on further good results.

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