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Re: ztect post# 39448

Wednesday, 09/21/2016 4:49:37 PM

Wednesday, September 21, 2016 4:49:37 PM

Post# of 53841
I mostly agree with you.

In the case of most stocks, I consider LIQUID to be avg daily volume of 0.5% of outstanding shares or more. So, in the case of VTSI, that would be daily volume of about 790,000 shares. I really like it when avg volume is 1%.

I will agree with you that PFIN, SGMA, RCKY, EMMS are each well below even my definition of liquidity. That said, of these 4, about the only one that is really NOT LIQUID is PFIN. It is relatively easy with all the others to accumulate a position equal to 1% of outstanding shares over a very short time with only moderate care.

I just grabbed those tickers from my portfolio lists. I should have opened my spreadsheets for better examples but I think at this point we have each made our points and understand the others position and views. That is helpful to me. Thank you.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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