Saturday, July 01, 2023 7:07:32 AM
"And just giving it a second to think about it, the increase of 40 million authorised shares is just prudent and responsible given the low 33 million count remaining they could be at. Nor does it mean that they will suddenly dump all the shares. "
That's exactly shorty trying to shake out the weak hands. This happens all the time and is an easy target for shorts to take advantage of. Exasperated by low volumes it's easy to bring on the volatility.
Anyway, I see this in a positive way and will be watching to add.
Do your research! Play the TA. All posts are my opinion.
Is fundamental trading dead?
"We hope not." Richard Dennis
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