InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
67,409.03
(
0.34%
)
Post# of 96906
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

TotalPackage

Send PM Follow Ignore
Followers 0
Posts 1529
Boards Moderated 0
Alias Born 02/18/2009

TotalPackage

Re: Lawuki2005 post# 4055

Wednesday, 04/21/2010 12:58:05 PM

Wednesday, April 21, 2010 12:58:05 PM

Post# of 96906
Simply stud, on average there is 2M traded in this security....if you take an 87 million float, it would only take 20 days at current volume to trade 50% of the float....that is beyond belief volume, even more so when you take into consideration most other pennies with 5B, with a B floats that trade 5-10M a day.

To make it even more simple for you....they are trading an enermous amount of their float each and every day...just lends to even more support at current levels and enable the ability to make a move northward even that much easier.

If you can not understand these concepts...please go do some research and educate yourself more.

All of the opinions/posts expressed are my own. They are simply my thoughts and opionions except for facts openly known by public disclosing documents.

V/R

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up