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Thursday, 11/09/2017 9:21:37 PM

Thursday, November 09, 2017 9:21:37 PM

Post# of 4782
Blockchain technology, among other concepts associated with it, can be perceived as a disruptive technology. There are quite a number of billionaires who got that way because they interjected disruptive technologies into the marketplace. Not all are associated with public stock corporations. Many are private entrepreneurs who live very quiet, private lives.

Today's volume was one of the lowest since BLKCF became an item, with 312,978 turnover. Investors Hub provides a useful feature by supplying the number of transactions. At 551, the average trade side today was 568. Using 2.40 for the sake of round numbers, the average dollar size was $1300. The HOD occurred in the morning, the LOD in the lunch hour, followed by a pick up in activity to the close.

A one month chart of price/volume activity shows how the price has rallied on higher volume days. That there was a slight increase today on low volume is actually significant. Notice the three peaks in price spaced about 10 days apart at roughly 2.50.


The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.