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Re: MIKEY501 post# 30048

Tuesday, 12/08/2020 1:54:50 PM

Tuesday, December 08, 2020 1:54:50 PM

Post# of 35909
this has nothing to do with patience. Patience and volume aren't correlated in anyway. It's really important that people educate themselves on the mechanics of trading properly so they don't make terrible decisions like the difference between volume and time.

Is the OTC, time is essentially, but 10 years wont make a difference on a bloated stock. The company needs to do a buyback or get rid of shares or buy them and hold them so there aren't so many available.

As we can see from the volume the past few weeks, it takes about 100 million to move a tick or two. that's not good. We will need probably close to a billion shares in volume to get any type of meaningful move. That's not good. Time isn't going to help that.

Learn the difference between volume and patience. Volume has nothing to do with patience and patience has nothing to do with volume. Period. Unless the news is substantial, I doubt this will get past mid teens and even that is going to be difficult.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y