Nutranomics Inc (NNRX)

[justatrader]

Everyone must remember that every trade is a Buy as well as a Sale. If someone is selling that means someone else has to be buying those shares. The terms buy and sale are just another way of saying Bid and Ask, these terms just tell where the interest in a stock is coming from, Volume and price movement are far more telling. When the share price goes higher on a larger volume is a sign of rising interest in to stock, this along with Ask/Sale volume drying up is a Good sign for a stock. As far as I’m concerned today’s action is just traders adjust there portfolios for a new Tax Year, some selling there shares for a Tax advantage others buying shares betting on a positive movement in the new year, with the price of shares being this low. Myself I’m betting on the price going up in the New Year. I believe the 2’s were the bottom matching the offering price; any movement from there should be up, BUT NOT ALWAYS TRUE that the chance you take when investing in penny stocks. Remember never use money you can’t afford to loose when investing into penny stocks.