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Re: afcholdings post# 39535

Wednesday, 09/28/2016 11:40:22 AM

Wednesday, September 28, 2016 11:40:22 AM

Post# of 53925
Hi afcholdings, The price of any given stock at any given moment is simply driven by what the buyer is willing to pay and the seller is willing to accept. With a stock like BAC there are literally thousands of buyers at any moment and also thousands of sellers. With a stock like VTSI there might literally be 0 or 1 seller and 0 or 1 buyer at any given moment. The company and stock are simply not followed and no one knows about them and those that do are people like you and I that already have plenty of shares or fund/money managers who cannot buy the stock because it is not on the OTC or Nasdaq or Dow.

The ONLY time I buy VTSI is when I see shares sitting at the Ask and then I enter a limit order to buy them at that price. If I ever get to the point of selling shares then I only sell when I see someone bidding a decent price. I've been through this with many other micro cap stocks that were also low volume. VTSI is not unique. That said, it is a wee bit unique in that one would not expect daily volume this low relative to outstanding shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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