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Re: hummba post# 51922

Tuesday, 05/26/2015 7:23:48 PM

Tuesday, May 26, 2015 7:23:48 PM

Post# of 98662
Hummba, part of the problem here is that there is a finite amount of money out there for these kinds of stocks. No one wants to make a move on this unless it's in play. When it's in play, the money will move it but it will languish until that time. That's why I said before people can't expect to daytrade or swing trade this stock until the day the trading hordes show up.

Believe it or not a stock like this would have traded for a dollar or so in the dot com days. I know that for a fact because I saw many issues with only a tangential connection to an actual business trade much higher back then. There was a lot of free money in the market in the late nineties but things have been on a slow slide down ever since because your average Joe does not have the money to play the market anymore. He's barely making ends meet.
Cheers
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