News Focus
News Focus
Followers 337
Posts 71569
Boards Moderated 3
Alias Born 08/29/2007

Re: surfkast post# 153133

Thursday, 06/06/2019 10:16:41 PM

Thursday, June 06, 2019 10:16:41 PM

Post# of 234061
I haven't read the messages on that stock forum this evening. I would imagine the usual gang is participating. I'm certain the logic has reached increasingly levels of absurdity.

For the sake of whole numbers, 600 million shares traded, the major bulk of that total, coming in the first hour or so. Dollar volume was $230,000. There were 425 trades. The average trade size in terms of dollars was a bit over 500 bucks.

Who do these clowns figure they can suck into this nonsense with enough money so they can turn an average of 500 bucks into maybe 5000 bucks.

The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today