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Re: TJG post# 7236

Friday, 11/01/2024 12:58:30 PM

Friday, November 01, 2024 12:58:30 PM

Post# of 23227
The bid whacking isn't coming from the retailers; it's from the MM OTCN. When the stock has low volume, a significant amount of bid support is necessary to draw in more buyers and drive the price up. However, when there's higher volume, that support isn't as critical, as buyers will be actively chasing the ask price.
This is the OTC market, and he needs to grasp the dynamics at play. If he wants the stock to rise, he should hire a PR firm to engage with shareholders consistently. UC*PA has generated nearly 300M dollars in revenue and millions in net profit for several years, yet the stock has languished at $0.002 for almost four months. This is due to the CEO keeping news for himself instead of communicating with investors.
He needs to change his strategy. I will send him an email tonight to address this issue directly.
Bullish
Bullish

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