LOL, more drama.
My take: L'Oreal same vague type of "collaboration" as before. Meaningless until this bears some fruit. And, reeks of desperation when a company keeps trying to rehash old news. Cantor - not much needing to be said here. Good for a pump in the short term. Maybe indicative of looming secondary offering. PUMP PUMP PUMP!
Just told ya what my plan is.
What's Cantor's plan? Do they have clients who want to short over $4? or sell? Who the heck knows.
Could be shorts. but probably just smart money getting out of this junk.
Guys, remember, Iggy needs new blood to buy into this pipe dream. The stock has a very long way to go to get to his breakeven. He's hoping you'll fall for his scam.
I see no evidence. Once again they play the "collaboration" card. This is what? The 7th or 8th "collaboration". The last 6 haven't amounted to anything. ~$200k rev last quarter.
Left to buy? Watching the tape it sure seems like the algos just buying/selling to itself. That can't carry on forever. Needs to find pockets of retail buyers or its done.
Meaningless from an investor's standpoint. SPDR funds just buy automatically to maintain a certain proportionality w/in the fund. Since the pps went down over that time, the fund needed to add more shares to maintain the same proportionality relative to the whole fund. SPDR funds aren't buying based on any merits of the company or lack thereof.
Learn the basics before you start spewing this rubbish Iggy.
Richard, you're exactly right. It's all done by a computer. Buy/sell to maintain a certain proportion relative to the other holdings. It's not making bull/bear bets on the stock. Welcome to the modern day stock market, lol.
that would be my reco. anyway