Obocon Inc. (OBCN): (IMO, Here is what the average volumes s...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	0
Posts	820
Boards Moderated	0
Alias Born	09/04/2019

Pennies From God

Re: None

Wednesday, 08/05/2020 8:45:00 AM

Wednesday, August 05, 2020 8:45:00 AM

(IMO, Here is what the average volumes suggest below:

The average daily volume is only around 100k - 150k.

The average weekly volume is only around 200k - 250k.

The average monthly volume is only around 300k - 400k.

(IMO), Not sure the average volumes indicate anything other than the stock is doing what it is suppose to do, keep trading fluidly. Regardless, (IMO) a stock has to trade so many shares daily, weekly and monthly in order to maintain trading status.

(Not sure about the OTC and BB, but I believe the NASDAQ and NYSE both have to maintain minimum $$$ value and number of share trades to continue to be listed).

(IMO), Keep in mind that the number of trades shown traded at the end of the day, (example- 100 shares traded, in reality only 50 actual shares were traded. One share traded, is counted two times. Once for the sell and once for the buy.

GO-CLSI
GO-DR.DOKI