RE:3.25 has to hold
...that's the venture exchange. After following it closely for a good 15 years. The one conclusion I continue to come to is there is really no rhyme or reason to anything that happens good or bad. A stock can be in favour for a few hours, days, months or even sometimes years based on something tangible or absolutely nothing at all...then many times the merry go round stops and you can hear the crickets chirp because there's no interest at all. It's truly gambling. Most people like to try and connect stories and fundamentals to these stocks... I guess as a form of security blanket so they can sleep at night. I have honestly seen stocks trade for months in an incline and then one day it's trading at $4 and the next morning it opens at $2.50 and trades down to .85 cents by noon. Then the securities commision halts it and the shareholders are given some made up lame excuse about why the price dropped so much. When really the truth is it was trading at a high valuation based on nothing...just because...sad but true.