ViaDerma Inc (VDRM)

[aileninvader]

WAY less than 1% of the float in this company has been traded daily since June 1, really the exception of a few days of HUGE volume, since 2018. The average daily volume has been from Jun3 1 on is 1,188,180 shares out 620.8 millions shares in float.

NO one is trading this except flippers. This doesn't mean anything for sure other than shareholders are holding this thing, IMO, for 1 of 2 reasons. NO one on this board knows for sure including me.

1. HOPING that this thing blows up in a positive way, that Dr. O actually does have things in the mix for a LARGE volume of sale. It is possible that this can occur. If anyone on this board has ever used Viastem (I have) they know it does work very well on wounds. If there is a nice sale announcement, this thing will shoot like a rocket because of the lack of volume.

2. Most everyone is in sooooooooo deep that it doesn't do any good to sell know. The price per share has dropped way below what most shareholders entered into this thing with. Selling for $0 and what you get now just doesn't make a difference so hold and hope.

In reality it's probably a mixture of both.

The price has dropped, not because a vast majority of shares have traded, but a small few have been flipping on VERY, VERY small volume.