Parazero Technologies Ltd (PRZO)

[benchman]

I made a board for this one, since it looks like I will be holding it for a long time, which is hard to understand. I originally bought on IPO day (July 27). The stock IPO'd with a price of $4. My avg is $2.60. They have had some good news since the IPO, including yesterday. I put an order in to sell at $3 in pre and missed by 4 cents. The stock has dived since that pre-market trading yesterday, closing at $2.09 yesterday, but now $1.71 in today's pre. Hard to understand how this $4 stock is at $1.71, especially with good news since the IPO.

I am assuming shorting? This stock has a very low float, so it can move in large chunks up or down. Unfortunately, that is down today.