Green Oasis (GRNO)

[techtrade]

"A seller can also sell all the shares wanted, but the price drop will be far greater, so they usually don't sell in large quantities unless it's into a run."

So the motivation of sellers is equally important to the motivation of buyers in determining price movement, intensity of the move, & volume. That's the entire point.

If it was as you say and there were "no buyers" the bid would disappear and the price would tank. That hasn't happened (and there has been ample opportunity), meaning there are buyers, but they are no always willing to bid the price up. Sometimes they're content to sit on the bid and wait for weak hands to drop some shares.


Case in point, the bid this morning was briefly at .078 but nobodoy was willing to sell there so instead a buyer stepped in and snapped up the shares available at .08 on the ask. Now there are two bids at .08 and only one at .085. Clearly there are interested buyers or that wouldn't have happened.


Anyway, we could hash this out all day but I have a free account and limited daily posts (which on a sidenote is also why I haven't answered the few private messages sent to me by other posters in the last week. Without naming anyone all I'll say is that their input on the board is also appreciated. I don't like feeling like I'm "tilting at windmills" either).