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Saturday, November 18, 2017 4:50:30 PM
The concept -- things aren't what they seem -- can be applied to stock price movements and interest, or the lack thereof, in a particular issue.
Today's volume roughly one-tenth the turnover in Singlepoint (SING). One would figure the dollar volume would also be much higher. Interestingly, there were 100 fewer trades compared to BLKCF. Also interesting is the dollar volume. $338 vs. $839, a difference of roughly $500.
This implies that more money was involved per transaction in BLKCF compared to SING. Significantly more.
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.
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