I was convinced the spike was due to something brewing, and expected some kind of follow through. Instead precisely same pattern as is seen all the time on this stock :).
Surely the daily volume doesn't hit a multi year high, along with several hundred % gains, from punters buying on a whim because some shares were subcribed for at 1c?
This is possibly the strangest SP spike I've seen to date, which is saying something. Are people really that loose with their money, to buy in at 2-3c without having any idea why they should pay such a premium?
I can't really talk, should have taken the opportunity to reduce my holdings :), but I'm caught between a rock and a hard place unlike any newcomers.
TEK Price at posting:
1.4¢ Sentiment: None Disclosure: Held
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