Followers | 644 |
Posts | 38176 |
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Alias Born | 03/29/2003 |
Monday, March 19, 2018 6:40:01 PM
You may have hit the Nail on the Head?
I just can't see anybody[Individuals] Flipping this stock because what few shareholders We have here own anywhere from 60,000 shares to 1.5 Million shares.
The average daily Volume does not warrant this small daily drop.
961,829 Average daily Volume according to Yahoo Finance.
85% done by the actions of the Hedge Funds with Help from the Market Makers.
A few shares traded here and there can do a lot of damage to the share price of any Pink sheet company.
The Trading cost of each small Trade is eaten up by the Hedge Funds and written of on their Taxes.
JMHO
$$$$ AMFE $$$$
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