Wednesday, December 01, 2021 6:07:50 PM
I don’t think that’s the case at all. The product is solid and CES will confirm it. Good thing about stocks with low floats is they deter day traders because of that lack of liquidity. This is a Catch-22. A company like this WILL reward longs, but the question is when? Low volume scares away flippers and erratic share price manipulation. Which is a great thing, but it also makes it more difficult to lure new investors who want more flexibility in liquidating their position, if needed. On the flip side, when increased consistent volume does occur, the share price quickly jumps drastically and shorts easily get squeezed rewarding longs with huge profits in a short timeframe.
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