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Re: rmuncast post# 4421

Wednesday, 03/29/2017 5:55:24 AM

Wednesday, March 29, 2017 5:55:24 AM

Post# of 82485
There's nothing on the bid to indicate that someone wants to buy-in cheap unless they have a very very patient buy-in strategy given the low volumes. I don't know. Maybe it's just MMs reacting to the lack of news from the company which to me seems kinda probable. I must stress though that right now, Marketcap is below revenue for 2016. So either the company is about to go bust, which I see no indication of anywhere. Everything seems like business as usual. – Or someone wants in at their own price.

On another note – I've spent some time analyzing the Instagram data from people using the #exosleeve hasthag. There are on average 10-15 people daily who use the #exosleeve hashtag after making a purchase. So unless 100% of customers do this after receiving their product, which is highly unlikely. EXO will see $1.5m - $2.5m in revenue for 2017 calculate the average price for a product sold is $30.

In other words, the price won't stay like this for too long. It's a weird phase for EXO right now.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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