InvestorsHub Logo
Followers 160
Posts 11770
Boards Moderated 0
Alias Born 02/04/2009

Re: RookieStockPicker post# 124

Thursday, 10/01/2015 9:48:10 PM

Thursday, October 01, 2015 9:48:10 PM

Post# of 20715
The company had an initial offering as a start up, that formed the float. People get anxious, because it hasn't caught on yet, as far as normal trading. Virtually from the beginning of my moderating, we had a guy posting here that was advertising his desperation to sell, that he needed money. He had a pretty large position he was offering for around the current price, when we were still much higher. That's my belief, because the share price would still naturally go down, until there is enough of a catalyst to raise volume. Until this gets more volume, and we hear significant developments the volatility will probably stay in this range, or under .05 or .10. That is my understanding at this point in time.