Post by
GoodHabits on Mar 20, 2024 2:10pm
Volume
Long term holder. I'm scratching me head a little bit at the high volume over the last few days. It almost made more sense when the stock seemed to be in a holding pattern waiting for actionable news, but these last few days there's been millions of shares sold and bought at low prices. It can't be profit taking, it's past losses for tax, so I'm not sure who is selling hundreds of thousands of shares at 3 cents? I understand buying it...they're the same price as the Rights Offer from a while ago, but selling?
Comment by
Ballsofire on Mar 20, 2024 3:08pm
I'm buying, great opportunity to lower my average purchase price. I think "patience is a virtue" applies here.
Comment by
Atechnician on Mar 20, 2024 3:48pm
Money managers at work. Left hand selling to right hand, moving shares between accounts. AT.
Comment by
BrandNewGuy2 on Mar 20, 2024 6:51pm
I am sure that there are quite a few people that have had enough.