Kuskuk….in theory you are correct about ‘Supply and Demand’. But, with all respect, you are wrong within the context you use it involving Xalles. Fundamentalist overuse the phrase “Supply and Demand and the clearest example is the rise and fall of gas prices. Party blame and this or that is the capitalist explanation, when the truth meter really points to market manipulation ….. hold the Supply….demand increases…..prices rise.
Market makers, particularly the one known as the ‘Axe’ (CDEL) in the case of Xalles, are legally bound to make a market. However, a market can’t be made, if the Axe is flooding the market with supply with intentionally wide spreads. Of course there’s declining interest in Xall. Not to many 66 corvettes around these days, (supply)
…….and the market reflects that…..can buy 3 cars for what one may pay for a 66 vette. Chevy restarts the body style, and the guy who found a corvette in a barn, suddenly may not look at it as a real bargain. Right?
Wealth is built on scarcity, not over abundance. And that’s our problem with Xalles. CDEL can generate interest any time he chooses…..by doing his legal responsibility. CDEL has used every bit of buying interest (volume)
and rather than let the price run to it’s natural correction point….real value….which for Xalles , right now, is in the .05 to .20 range . Remember when volume was peaking around 20 million……most all of us were thinking….here we go. CDEL quickly stepped it down…..after making his millions.
The retail market is screwed if collectively, we can’t act homogeneously. Cease all buying of Xalles at any price..period. The SP as is, is not reflective of Xalles true value……and CDEL driving it down to .0000 is going to catch attention…..and the ass hat knows this.
My opinion….. it’s been 53 years since I sat in a Micro/Macro Economics class.
News 
Market Data 
Discover 
