RE:RE:RE:The failure of Battery Day as a promotional eventBullsprig57 wrote: I haven't checked but am pretty sure that overall market volume is signifcantly lower in June-Aug..
So you are saying that Arias + management intentionally selected the “low”month of June for the long-awaited / important promotional event such as Battery Day in order to coincide with the low volume? Was that how to attract more investors / buyers? Did you or did you not expect Battery Day to have, at the very least, some positive impact on volume?
Even if the volume of the market may be lower in the 6-month period commencing from May to October as compared to the remainder of the year, it's not always true for all stocks nor all situations. Furthermore the daily average number of LGO shares traded after Battery Day (June 9) is about half of the daily average of the previous month (May). No management team in their right mind would do a major promotional event to expect the volume to drop drastically afterward.