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Message: A new 52 week low, but I don't think anyone cares....

Well...the market definitely cares!  Trading volumes have been steadily going up in the last few days.   Today: 350k shares traded

Friday: 220k

Thursday: 203k

Wednesday: 327k

Tuesday: 208k

Monday 9/16: 359k

Note that average daily volumes this calendar year has been 120k shares, and since 3/31/19, 143k shares.

The chart suggests we are getting to some crescendo of selling. 

The flip side is that the rally, if BetOnMACE is successful, will turn out to be smaller than we all hope.  I am guessing that the implied share price of the warrants ($5.9) may well end up being a ceiling for the time being.

 

 

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