InvestorsHub Logo
Followers 0
Posts 127
Boards Moderated 0
Alias Born 08/07/2017

Re: None

Wednesday, 10/11/2017 8:38:57 PM

Wednesday, October 11, 2017 8:38:57 PM

Post# of 27120
As someone who has been invested in Acology for several months I enjoy reading the optimists and pessimists point of views on here. My takeaway from both is nil though. I've seen all these people say that when September hits watch this thing roll. Has it? No! It's come down. The stock market is driven by emotions, which in turn, dictates supply and demand on any given day. As much as I like to see Acology putting out all these great PR's (and will probably continue to do so) this stock has slid since its high of $.05/share back in early February. For some reason investors haven't been buying into this stock like they did early in the year. What I see now is much lower volume and many more sellers than buyers. The fact of the matter is that positive PR's may help the company, but they may not. Their most recent ones have had no positive impact at all. The average daily trading volume of this stock in January was over 23,000,000 shares and over 43,000,000 shares per day on average in February. This is compared to an average daily trading volume of a little over 2,100,000 shares in September and a little over 2,200,000 month to date in October. So unless there is a great PR some time soon this stock is going to stay where it is. I hear all this jibber jabber from some dreamers on here that it will hit $0.25/share by January which is rubbish. I'm also aware there aren't many big time investors on here because the trades are always small. Do you really think there are institutional investors buying this stock? Look at the trades. No way! It's all retail (us). Do yourself a favor and look at the Buy/Sell % each day. 90% of the time its more sellers recently. What does that do? It drives the price down.