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Re: Hitman1127 post# 2695

Wednesday, 08/01/2018 11:59:06 PM

Wednesday, August 01, 2018 11:59:06 PM

Post# of 26774
These long drawn out consolidation phases are great for a stock's overall health because the long droughts with very little volume shake out the last of the last of the weak hands - who get frustrated with the lack of action and bail. The lack of liquidity means they need to sell at a discount to get out in an expedited fashion which then means that those shares leave weak hands and enter in stronger hands who got a great deal on them.

All that's to say that these shake outs make a tight float that much tighter.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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