RE:RE:RE:RE:..............Got my STINK BID in....................@sylverT Overall market is red, TSX correction is still ongoing and there are more then 1300 stock decliners for TSX/TSX Venture. The market clouds real opportunity and if everytime the stock goes down you emotion get control of you then yes you will lose money. I just bought some more DLI at 1.17$ while other panic with no reason.
By the way technicaly you are catching a falling knife if you are in stage 4 but for DLI the technical data doesn’t have much data recorded since reverse takeover so the volatility is there and the bid and ask spread is a sign of less liquid stock so this means the stock could rise again with low volume as there are not many player to play with right now. So this is microplay plain simple, in other words a minority of players is dictating the price right now, the demand and supply is not yet balanced. Also right now I don’t see where the support price is as it’s clouded by this microplay.
Cheers