Lets look at today's trading, very disappointing, that the price dropped to 46.5 cents from the open at $1.30, however not unexpected many nerves today, the tree was shaken and the non believers rush to the exit gate.
Stay positive, can someone explain what the negatives are since Nov 2016 and today ..I myself can only see only positives. ...Pacific Road Loan paid ...money in the bank 3.5 mil ... very strong main supporting shareholder ... Top 20 own 88% and only 64 million shares available ...I'M TRULY AMAZED, In my view if this was the score card years ago you couldn't have got your money out fast enough to GET ON BOARD.
It was great day for the true believers to grab a bargain and help reduce their previous buy price.
NOW look at the figures there are just over 64 million shares in CNX and only 303 thousand were traded, in percentage terms that's 0.47% of the available stock - NOTHING.
That means that 99.53% of the CNX stock wasn't traded
Give it time to balance out, the ups and downs of day trading can leave many confused, nothing surprises me now.
LETS HOPE FOR SOME NEWS AROUND THE CORNER
Tomorrows another day ..
CHEERS to the fellow Shareholders / Supporters of CNX technology that remained CALM
(This is my view and thoughts, please make your own assessments when evaluating stocks)
CNX Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held