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Re: DropLine post# 1043

Friday, 04/24/2020 8:44:18 AM

Friday, April 24, 2020 8:44:18 AM

Post# of 2964
low volume equals a lost of increase ??

The stock market went up for 9 straight years on
Low volume . The vix went down to 12 .

Grwg went up 60 percent from its lows on low volume .
Rotation is what I'm seeing . Money will always rotate in to great stocks and
A hot sector. 2.5 to 5 million shares is not that much dilution when buying
And doing acquisitions . None public hydro companies sell for 1x sales
Public traded companies sell for 4 to 5 x or higher since it's a pure play
With hyper growth. Wall Street just did not adapt to cannabis stocks yet and individuals investors
Usually buy momentum . Before the Covid 19 grwg was Up to $6.8
On low volume and the cannabis was down and out of favor .

Rmn
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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