Post by
investor11111 on Jul 30, 2018 7:07am
Stock Price
Anybody has a logical explanation for the shitty price of this stock? The bid price continues to be low...Chinese investors keeping it low?
Comment by
investor11111 on Jul 30, 2018 10:44am
Bid Size 10,000 Bid Price 0.2750 Ask Price 0.3000 Ask Size 18,500 Yepp!!!!
Comment by
realitycheck00 on Jul 30, 2018 3:03pm
Simple, they have no IR coverage yet. No one knows the story and or the revenues just released. Hive is still trading at a stupid multiple and has IR and PR coverage with good daily volume. Once they invest into IR and investors discover the stock the volume should pick up.
Comment by
investor11111 on Aug 02, 2018 3:35am
I do not think this is the reasoning. It shows up on the top movers at some point during the trading, but there is a force pulling the stock back. Look into the bid / ask, as soon as the stock goes up 10%, the bid numbers quickly change and pull back.
Comment by
realitycheck00 on Aug 03, 2018 10:07am
IR is not the entire reason but a part of it. Maybe the powers that be are accumulating cheap shares. Remember they did a financing at $0.35 and then $1.75 so any shares at these levels would be considered cheap for many who would beleive this could be a multi dollar stock in 2019.