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Alias Born | 02/05/2014 |
Wednesday, April 09, 2014 12:34:47 PM
I do have to agree with blademan here. Volume is VERY low right now on OTC overall:
Date $ Volume Share Volume
04/08/2014 $ 977,371,202 16,773,809,041
04/07/2014 $ 840,064,091 18,590,846,906
04/04/2014 $ 932,753,639 18,223,362,847
04/03/2014 $ 921,216,763 19,308,692,103
04/02/2014 $ 819,033,931 20,446,851,192
04/01/2014 $1,051,815,363 18,081,123,827
03/31/2014 $ 976,117,077 18,073,312,473
03/28/2014 $ 957,879,044 20,018,801,616
03/27/2014 $1,086,832,664 25,526,824,120
03/26/2014 $1,085,609,136 24,925,795,095
03/25/2014 $1,258,122,963 20,076,662,096
03/24/2014 $1,048,323,082 25,649,362,114
03/21/2014 $1,126,915,409 19,318,090,950
03/20/2014 $1,022,031,135 22,839,577,356
03/19/2014 $1,169,486,734 22,950,643,612
03/18/2014 $1,628,134,550 21,230,656,005
03/17/2014 $1,458,367,242 19,168,909,435
03/14/2014 $1,615,748,568 18,396,214,123
03/13/2014 $1,448,292,405 16,073,348,152
03/12/2014 $1,745,515,065 17,460,710,904
03/11/2014 $2,667,578,392 17,757,248,103
03/10/2014 $1,260,295,617 18,610,312,292
03/07/2014 $1,569,217,987 18,924,816,227
03/06/2014 $1,895,484,423 19,419,706,481
03/05/2014 $1,449,702,378 18,541,385,320
03/04/2014 $1,412,123,306 20,310,025,964
03/03/2014 $1,228,987,201 24,701,274,590
02/28/2014 $1,559,804,452 27,353,378,605
It could be that people are too busy getting their taxes in order to have time to trade stocks.
It could be that people are nervous about the upcoming changes in the OTC rules and they do not want to be caught holding OTC stocks when the rule shakeout occurs.
It could be something else completely different.
However, share volume for the OTC market is WAY down right now, and stocks with no real news, like PPJE, are going to be largely ignored until volume returns to the overall market. Then, we will likely see a return to the 5-ish basis point daily spread on the stock price that we saw earlier with a slight downward trend until the time to the start of the trial gets shorter.
As long as Chandana Basu does not screw all of us with a reverse split before then, those who continue to hold should be fine soon enough.
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