Amfil Technologies Inc (FUNN)

[User-65225]

(edited) Notice how MNST volume got heavy as it churned through all the big early winners, debt holders/dilution, etc, but then the float locks up and it continues to climb with a fraction of the volume. This is what i expect to happen here...

We are at the point where some large whales drop chunks of $$$ and just sit on those shares for years. Completely removing them from the market. This is common with many big board stocks... Understanding this is important, because penny traders often look at volume levels as a determining factor on if they continue holding a stock. This is a flawed outlook.

Its important to KNOW what you own, along with the underlying reasons for its trading behavior. Like i failed to do with MNST...

FYI, these are monthly candles/volume bars.. I can only go back 20 years, my average was lower than this chart goes. There was also multiple forward splits... Never a Reverse split...