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Re: acos post# 28016

Thursday, 09/02/2010 5:10:45 PM

Thursday, September 02, 2010 5:10:45 PM

Post# of 53780
$35,000 or so in volume yesterday, less than $25,000 today - and these are relatively big days. All it takes is a few holders who need a bit of cash or are "sick of this stupid stock never going up" to keep the price down.

A big problem may be self-fulfilling prophesy. Once it goes up a bit, potential new buyers look at the stock and say "It appears to be undervalued, but every time there's good news it just goes up a bit then back down. I'm staying away." Holders say, "I believe it's undervalued, but every time there's good news it just goes up a bit then back down. I'm selling for 5 cents profit if I can, then I'll try to get back in lower."
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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