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StarVault's stock taking a plunge

raff01raff01 Member Posts: 453
in Mortal Online

Hi, did anyone look at Starvault's stock recently? After going up to 52 SEK, the stock has fallen to an all time low 0,3 SEK...And it seems to continue dropping.

http://www.aktietorget.se/QuotesInstrument.aspx?InstrumentID=SE0002149369&Language=2&Graph=6

This seems to be resulting from active buying/selling volumes by mainly 2 people...

Anyone with good stock market knowledge able to analyse the situation?

Comments

  • GrimulaGrimula Member UncommonPosts: 644

    Holy crap a drop of 50 points in 2 months

    that seems bad just from looking at the chart

     

    i dont know anything about stocks....so i hope im wrong

     

  • Slapshot1188Slapshot1188 Member LegendaryPosts: 17,721

    Yes, it has dropped, but not as dramatically as it might seem.   I posted about this a few days ago.  After they dropped their liquidity guarantee there have been a few instances of people buying 100 shares of stock at inflated prices.  So you say gains of 40% in one day... in theory... but that was just 100 shares which cost around $7.  The real investor isn't fooled by that, thus the more sizeable transactions today (although still small) were for 30 SEK instead of 52 or whatever it was listed it.

    All time classic  MY NEW FAVORITE POST!  (Keep laying those bricks)

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  • raff01raff01 Member Posts: 453

    Sorry to bring back that a bit old thread, but just noted SV's stock just continues to plunge even harder.*

    Today it has reached a new all time low of 0,18 SEK / share !!!! which is like a -40% in just a few days.

    Stock value is now very close to zero, what will consequences be?

    FYI 0.18 SEK  = 0.029 $ so 3 cents per share...

  • SaorlanSaorlan Member Posts: 289

    I wish I could buy some shares - they are obviously going to bounce back up if Dawn is any good.

    image

  • davidemo89davidemo89 Member UncommonPosts: 59

    Originally posted by Saorlan

    I wish I could buy some shares - they are obviously going to bounce back up if Dawn is any good.

    Too late, +80% today

  • HanoverZHanoverZ Member Posts: 1,239

    Originally posted by davidemo89

    Originally posted by Saorlan

    I wish I could buy some shares - they are obviously going to bounce back up if Dawn is any good.

    Too late, +80% today

    Its WELL below the high of 4.00+ SEK   

     

    .33 is nothing

     

    Heres todays 1 year

     

    If one had actual faith in  "Dawn" its still a steal...

    I win!!! LOL@U

  • HanoverZHanoverZ Member Posts: 1,239

    Interesteing there wasnt a corresponding increase as with other past "updates".

    I win!!! LOL@U

  • raff01raff01 Member Posts: 453

    Originally posted by davidemo89

    Originally posted by Saorlan

    I wish I could buy some shares - they are obviously going to bounce back up if Dawn is any good.

    Too late, +80% today

    and down to 0.24 SEK today, it always goes back up a little, but over 1 or 2 months, it just keeps plunging.

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