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| capped price for a long time |
I been noticing this stock for some time, as I was scanning thru small caps to pick up any hidden jewels. It has considerable "volume" and buy rates but the price is capped severely to a narrow range for a very long long period. (1 years!!)
Why I took notice? I am just waiting to see whether/how will it implodes downwards because seriously this seem to be left hand selling to right hand maneuver. I went to look at the announcements, I don't see any significant thing that can warrant this type of behavior. (NO takeover offer, etc that could explain the stock price lingering and hovering with high volume ~50K-70K daily average )
Just curious?!
KnowThyMoney
so should I buy at this current price or not? >.<~
ReplyDeleteIt is not a recommendation to buy or sell.
ReplyDelete