pretty sleepy stock, @verce. A bit of volume on announcements, but not a traders fave.
(going to be hard to punch the lights out in the Sept competition for you if there are no buyers and 'undisclosed sellers' - which there appear to be.)
at present they are more like underdiscovered and unvalued.... these are undiscovered and undervalued companies.
I definitely wouldn't recommend trying to trade this stock. It's more a speculative hold.
to me it implies a major seller dribbling into the market. Undisclosed. On Chi-X. Often an institution. (maybe look for "Change in Substantial Holdings" notice in Announcements, in the near future)Yes you are correct. Under discovered since it appears to be on people’s radars now. I’m finding it frustrating every time the stock looks ready to advance, more shares pop up at the 20 cent level. Although this surely cannot be sustained indefinitely.
SBW may have woken up (for another go).... nudging 23c ... Still only a retail plaything, though@verce The 20 cents you speak about is the resistance level.
Until it runs out of buyers at 20 cents it can't go up. It lots? of small sellers (4)
Once they all gone it might go up but just as easily go nowhere or down.
Less than $13,000 of stock was trade today.
might be worth owning a few if there is a (discounted) capital placement ... and then a SPP for Retail. A long bow, but, otherwise ....Yes, very illiquid and not for day trading methinks.
The tech seems to be well advanced.
I'm not interested in selling.
A long term investment IMO.
Might consider lightening at $1.00...
I'll stop with the self-pity, and add some new research I found.
https://www.edgify.ai/retail/
- Reduce time at till and selection at self-checkout by up to 98%. Computer vision-based product recognition, that continuously learns directly on the till, so the accuracy of the detection always increases.
- Friction-less stores are great in theory but extremely complicated to scale in practice. Our edge training solution makes autonomous stores scalable, by having all the AI train directly on the camera. No infrastructure costs and no added complications.
- Reduce incorrect selections by up to 90%. Either intentional or unintentional, use computer vision that is trained directly on the SCO itself to reduce loss by more than half!
- No barcodes, no packaging, no worries. Simple USB cameras can detect the produce at close to 100% accuracy. Use as a decision support for cashiers, or to avoid consumers having to go through long and confusing menus.
https://www.edgify.ai/wp-content/uploads/2019/08/Retail_Intro.pdf
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agreewith thabove.The tech seems to be well advanced.
I'm not interested in selling.
A long term investment IMO.
Might consider lightening at $1.00...
I need to look at the tech closer, but it seems to be what has been discussed aimlessly in years gone by now actually coming to fruition.
A physical shopping game changer, a proper interrupter... covid is thrusting it into the limelight faster than average.
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