Stocks are bought and sold daily no matter what. Thing is with this the upside is crazy good and we are so low so going forward even if more sells then buys expect it to go up.
TRDX is moving from the lower left to the upper right as perfectly as a stock could. It has its retracements where those from lower levels sell at profit but it is also making a series of higher lows indicative of continued accumulation at what is obviously a desirable entrance point if ultimately we will be trading in the solid cent level. I am not predicting that we will be trading in dollar level however nobody here knows the true valuation of this stock once the Asian management team issues the Q3 report with accompanying financials.
Keep in mind, this is a thirty-year-old taiwan-based revenue producing company that has been trading privately all this time. There is a reason why they chose to forego a Taiwan listing and are listing on a United States based Stock Exchange.
United States listing status could very well be the prerequisite buy with which a larger company mandates prior to a buyout.
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