Saturday, October 03, 2015 12:44:59 PM
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Interesting stock price move at the close. As the market was getting ready to close for the 3Q and NC had drifted down to $.37, I decided to see if I could move the price. So I did a buy order for 500 shares at market at 3:54PM. The order was immediately filled at .3948. So I did another 500 share market order at 3:59 and it was immediately filled at .41, where it closed. So, the price moved 9% on 1,000 shares. I'm not trying to prove anything -- just wanted to see what would happen. What it does tell me though is that there is absolutely no demand for this stock until they get some revenue deals going. In the meantime, the stock price will bounce around on very low volume. Frustrating, but all we can do is wait. tic..tic...tic. Less
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