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Re: dolamite post# 564

Thursday, 03/30/2017 12:32:16 PM

Thursday, March 30, 2017 12:32:16 PM

Post# of 765
This isn't bad here, especially considering it is almost impossible to buy or sell with most brokers.

Since the symbol/cusip change Monday, trading has been very thin. The most trading volume occurred between $0.10-$0.20. The move up to $0.64 a couple days back was on very, very light volume. A pullback to that the midpoint of that 0.10-0.20 range isn't completely unexpected. If the cusip change was settled already I do think we'd be moving much higher on more volume. Until then, this will stay very thinly traded with wild swings.

Also keep in mind this is a 'F' foreign stock. These have a fraction of the MM activity of other non-foreign stocks. You gotta take the good with the bad there. The bad is they aren't playing middle man adding liquidity. The good is you have less blatant manipulation. When this does start trading normally, it will have a bigger bid/ask spread than you might be used to.