Tuesday, April 24, 2018 11:43:03 AM
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.
Recent INTV News
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM