Post by
Arbutus22 on Jul 07, 2021 10:58am
Low Volume, SP downward spiral
Tough to watch this take a daily haircut. Purely sentiment based sp drop; the crypto shine is off, app launch delayed, dealer license approval a longer process than anticipated. Hopefully reaching a floor today; you never know when fear based selling on no news is driving activity. Company prospects haven't changed. Though I'm loaded up, still say current sp is bargain basement priced disconnected from fundamentals and future growth. Low volume backs up thinking that this is not a stampede to the exit.
Comment by
stkstroker on Jul 07, 2021 1:37pm
The shorters are robo blasting us to take the market lower. Small trades with the seller showing as Anonymous is a key. This can be very damaging even when the business fudimentals are good. This kind of market manipulation should not be allowed. Let's hope they get caught with a huge short postion.