InvestorsHub Logo

gtv

Followers 0
Posts 216
Boards Moderated 0
Alias Born 03/26/2007

gtv

Re: lowman post# 10280

Tuesday, 05/08/2007 2:13:38 PM

Tuesday, May 08, 2007 2:13:38 PM

Post# of 51429
Is the low float contributing to the poor chart and pps?

Since the pps is based off of what the last trade, is it because of so few shares are out there that price gets driven down so much with low demand? For example if 99.9% of the float is locked with longs and they all have limit orders at $10 but then the flippers are moving around with the other .1%, the price and chart looks down due to only that .1%. Hopefully that makes sense.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.