![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, July 08, 2009 12:06:05 PM
since the trading $-volume is now over $25k per day ,
and the price bounces are averaging over 25% per day .
About 1 Billion common wnbd shares traded last month ,
for a June monthly $-volume of ~$10+ Million.
Obviously , it must have been mostly flipping , [unless the
supposed 'trading float' is no longer still anywhere near
the still totally unverifiable 1 Billion wnbd commons] .
Anyway , the float , and its growth , does not matter much
to the flippers ; compared to the trading price volatility ,
and the daily $-volume liquidity.
And , both are way up , since the wnbd CEO decided that it
was finally the tipping time to hire a Pro IR guy .
Sincerely , ex .
And , GLTA winning day-traders .
P.S. ; Usually , on newly awakened momo stocks , the pro
flippers + day-traders [long or short] can quickly bank
short-term profits of ~50% of the daily % price bounces ,
multiplied by the daily total dollars traded .
So , for last month , with ~$10 Million traded , and a daily
high/low spread of ~25% ; we expect that the new traders
probably cleared in + out with :
$10,000,000 x 25% x 50% = $1,250,000 profits in June ;
with shorters collecting ~40% of the total.
That's ~$500,000 for the shorters , who are almost always
all + only day-traders , in any penny , especially if pink ,
and Non-U.S. , just like wnbd .
By the way , day-traded shorts are Never reported , anywhere ,
because they are NOT Still Short , when the market day ENDS.
Shorters don't need the risk of being short overnight , in
any totally non-reporting + non-U.S. pink/penny. They just
cover their shorts every day. And, if the next day is still
looking good, they just re-short + re-cover. And, many even
compound their daily profits , via the profitable short form
of the long-losing 'technique' of averaging-down. [When a
day-trading shorter collects a 20% profit , he often just
shorts 20% more , the next day ; and then 40% more , etc ,
until the bounce-back is completed.]
Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM