InvestorsHub Logo
Followers 46
Posts 5000
Boards Moderated 0
Alias Born 10/16/2008

Re: op9171787 post# 8610

Friday, 09/24/2010 4:39:05 PM

Friday, September 24, 2010 4:39:05 PM

Post# of 57066
IMO there were traders who bailed with 50%+ gains and the small float effects the move down. There was just too much selling in the .02 range to sustain the gain. If volume had remained constant we could have churned through those shares. Now we have to form a new base and start again. It's frustrating to watch but it is normal trading for a low floater.

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.