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Re: None

Friday, 08/06/2021 12:33:39 PM

Friday, August 06, 2021 12:33:39 PM

Post# of 822509
Last couple of weeks in a nutshell.

No news and generally low volume in the Summer led to downward pressure on the stock price and an oversold position. Eventually the damn broke earlier in the week, and we got the classic capitulation- probably led by some warrant holders unloading a portion of their shares,

Now the selling pressure is off and the stock price is normalizing. Since all arrows point to September, we’re entering a period of accumulation in advance of news. So we should be past the worst of it for now.

Note: volume remains modest, so it’s not indicative of anything ahead of pending news.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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