Friday, September 19, 2014 12:48:35 PM
- Hard Investing Rule #2842842
Give me a break. I've been in plenty of stocks, in plenty of different markets in very different situations, that don't trade for a couple of days. This is a low float, low volume spec company that has a huge chunk of it's investors currently unable to trade it. Look at the chart since May and tell me what's so different in the last few weeks. Nothing. It doesn't mean anything.
Actually I'm wrong. What it means is that the people who want to sell their shares don't want to sell it at what the people who want to buy shares are offering, and the people who want to buy shares aren't willing to pay what the people who want to sell their shares are asking.
:)
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