Doubling or more within 12 months The mind as a funny way of working when it comes to investing.
When a stock is dirt cheap, investors thinks that there must be something wrong with the company.
At the opposite, when it appreciate in value, they almost trip over themself to buy.
Most are not properly wired to make big gains in the stock market.They let their emotions take over.
Akita's 12 month high is $1.99 witch is not that far.Once we get over $2, you
will see volume swelling and even more when it goes over Nov. 2022 high of $2.17.
If you look at a 5 year chart, you will noticed that the stock is basing and has higher lows
since 2020.I have put below the 5, 10 and 30 year charts.
Nice weekend to all