SmartMetric Inc (SMME)

[optimisticbutpatient]

WooHoo 7.69% UP!!!

Before we get too excited though lets look at some history..... I'll truncate it a bit so it won't take too long.

Jan 1 2019 close at .05
So from here the .035 cent quoted for yesterday with such excitement is a loss of 30% since Jan 2019.

Jan 1 2014 close at .19
So from here the .035 cent quoted for yesterday with such fervour is a loss of 81.6% since Jan 2014.

Jun 1 2006 close at $1.00
So from here the .035 cent quoted for yesterday with such joy is a loss of 96.5% Since Jun 2006, and there a re a lot of investors who have been in that long.

Now just to clarify, that sale of 113,250 shares at a rise of .0025 generated the massive profit of just over $283.00. But that's assuming that all the shares were purchased at the preceding days close.

Now this is a bit of a reach though, given that the sum total of shares sold last week, for the entire week, was only 104,600. I doubt one person bought all the shares last week and then unloaded them all last night. It's just not that likely.

More likely no-one made any money out of last nights trade, not even the massive sum of $283.00.

We don't need to have spurious figures quoted to us as if we are all of a sudden doing well. It's a waste of our time to read it. Until we actually show a card to the Market the shares we all hold are worth more in hope than dollars.

It's a shame that we are paying people to remind us of the fact.

OBP.