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Re: Sport47 post# 1318

Friday, 10/20/2017 2:54:21 PM

Friday, October 20, 2017 2:54:21 PM

Post# of 3770
Volume isn't high today. $30K worth of stock for the entire world to be trading today is a minor blip. That is part of the problem here. A small number of shares being sold can influence the price greatly.

Sure people are buying. Those who are taking advantage of the fact that material news has not been broadly disseminated are going to profit at the expense of the frustrated ones you are referring to that don't have a clue what is happening. That isn't right.

Only a handful of people know the raceway installation went forward. The price will come right back to .02 and beyond once it is broadly disseminated that the raceway installation occurred and it wasn't more missed guidance.

You see this every time there is a milestone hit (DOW 23,000) and record highs in the indexes. People take their "dead money" stocks and sell them to buy the stocks going up. It doesn't take a lot of people to do this to tank the price of a thinly-traded stock. Shame on Dieter for losing these people when a simple update would have kept the momentum going and kept everybody on board for the ride.
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