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Re: wadirum1 post# 1229

Tuesday, 06/30/2020 2:48:33 PM

Tuesday, June 30, 2020 2:48:33 PM

Post# of 1386
That is why POLA could see $5.00 today. Bottom line most o todays volume was options trading puts and calls. The low float would be so easy to take up on those traders.

There are only 10M shares outstanding.

CEO owns 5.5M.

Other insiders own about another 1M.

Then there are some index funds that aren't selling. And some other institutions. And a bunch of people who salted away 1K or 2K shares in hopes it grows over the long term.

There is no way there is more than maybe 3M shares that are in play on this stock.

So, 3M shares that are changing hands, and yet the volume today is 75-FREAKING-MILLION-SHARES. That is each share that is in play changing hands 25 times. Or maybe a whole lot of shorting to increase the effective float? This is starting to become a real head scratcher. Wash trading?

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