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Re: watchdog22 post# 26918

Tuesday, 04/24/2018 11:43:03 AM

Tuesday, April 24, 2018 11:43:03 AM

Post# of 63429
Daily volume of BTC went from 9,000 BTC per day last week to 15,000 BTC per day. The BTC pumpers got what they wanted; they achieved FOMO. The bulls are now in charge of BTC's direction.

This also means that INTV will do well during this period.

INTV's volume is still low and is highly manipulative. The 40% spoken on short interest is in the daily volume. Shorters are only playing 20,000-50,000 shares a day of the stock. For these firms, this is $25K to $75K, which is peanuts.

Anything below 500,000 shares traded a day is meaningless. A tightening of supply in a 1-2 million shares trade daily will spike the stock. That will come in the form of either :

- profits
- a massive bull run of BTC to the $15,000-20,000+ levels
- or news that blows us away.

There is also a slow and steady growth factor, which is what Steve is looking for. I see that playing out as well. But I have also seen highly profitable companies with no trading volumes. There was an article about liquidity in the markets in yesterday's Wall Street Journal. It mentioned stocks with volumes so low people can't sell (or buy).

Volume, Volume, Volume. That's what needs to be watched. Both BTC volume and INTV volume.



Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y