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Re: alstocks post# 6918

Wednesday, 01/15/2020 12:00:46 PM

Wednesday, January 15, 2020 12:00:46 PM

Post# of 14495
Good to see you here buddy.
Yes. The share structure here is likely making a few hesitant to get in.
5 million shares traded in first min took this from .0013 to .0018.
Using a formula based on my experience, a significant portion of the OS is not trading. So what is the approximate float? If you want to guesstimate, you can look at similar tickers and the volume/price-action over the same price range to get a sense of just how small it is.

Note: the ATH annual volume on this ticker is 345M.
ATH annual volume for $TRDX? 1B (prior to Lazar) and 2.7B the year he filed (which is understandable given increased swing/day trading).