A market cap of $120 million paired with just $3.2 million in buybacks for the entire year is nowhere near enough to sustain the illusion of lofty valuations. After the daily RSI surged to an overbought 85, the price pulled back amid trading volume more than ten times the norm. That enormous volume wasn’t a sign of consolidation—it was big players using the opportunity to let off steam. Fundamentals can’t support the price action, and blindly chasing the rally is just asking to be left holding the bag.
#NMR
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#NMR
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