RE:RE:The HOLD argumentYes, a very interesting day.
428,798 shares traded at an average weighted price of $1.40 in 353 separate trades - quite a difference from March 11 in 2020 where there were just 27 trades for a total of 18,537 shares at a weighted price of $0.3534.
That is a total trade value of $600,317 in 2021 versus $6,550 in 2020.
It appears the run up in the share price to hit $1.50 early in the day prompted a couple of 60,000 and 80,000 share blocks to be brought to the market, which reversed the rising tide and ran the price back down to $1.34 before the buyers took over again and pushed it back to the close above $1.40.
Pedro is correct in observing today was the highest daily share count by a long shot, with the only close day being February 22, 2021 when 332,000 shares traded. It was certainly the highest value of shares traded since the early part of 2017.
I would suggest the day was in fact good news for the prospects of the Company going forward, and may bring a few more investors to investigate what all the interest was about.
To those that managed to buy in today, welcome to the firm. To those that chose to sell, I hope you were able to realize a tidy profit, and will find greener pastures for your capital elsewhere. Having looked at many alternatives, for now I am very happy to leave my hard earned funds safely invested in some of those 50 million Verde shares that have seemingly become rather a hot commodity recently (and for all the right reasons, IMHO).
All the best.
S