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Tuesday, April 30, 2019 9:28:03 AM
Current SHs are holding tight as I would expect. Then what are newbies going to buy? Typically there is NOT a gap tightening sufficient to entice solid holders to give up shares...in other words, there has to be room for short-term holders (willing to accept smaller gain ratios) to move in and out to generate the kind of trade volume necessary for a healthy pps movement.
Once we reach a bid price sufficient to entice longs to cash in on larger gains, the pps will be somewhat more dynamic rather than being inflexible when the float is too tight.
Just a perspective, not a fact. The above is only my opinion.
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