I wonder what percentage of stock holders never read postings on boards like Agoracom? I would guess they are in the majority – in spite of how important and informative we all think our postings are. What are they making their buy/sell decisions on if they don’t have our postings to guide them? Maybe they look at price trends, or have loss limits, or it’s public news of significant events they act on, or a change in financial fundamentals, or income growth, or PE, or …
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All in all the current price and volatility seem in line with financials and news. I’d say the same if the SP was anywhere between 30 cents and $1.20. We are not likely to see sustainable moves (up or down) until there is important news.
I think I'll take a nap now.