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CSykes

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CSykes

Re: fourkids_9pets post# 1759

Tuesday, 10/27/2009 2:03:40 PM

Tuesday, October 27, 2009 2:03:40 PM

Post# of 163718
If you look at the total volume sold under $.87 which was our 50day support, it really isn't much.

I know a good portion of the trades were mirrored, so actual volume is less than about 15,000 shares under support.

The draw back to a low float is limited liquidity, which causes many traders who have a short term strategy to panic and hit the bids.

A low float however will normally maintain most of its gains once the short term crowd exits and moves quite easily with demand.

Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!

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