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Wednesday, February 09, 2011 12:21:29 PM
Low volume = slowly trending downward price, "stuck" shareholders, few buyers.
High volume = rising price, lots of buyers, lots of sellers.
The exception is that when you have both high volume and falling prices (usually following bad news), the price will fall faster than it goes up.
There will usually be interested buyers for small amounts because existing shareholders with large positions have an incentive to keep the price up. If you have $100k in GRNO and you need to spend $400 to buy 5k shares at $.08, you'll probably consider it strongly. That's why you sometimes see the bid and ask very close, without a trade taking place.
The only thing necessary for the triumph of evil is for good men to do nothing.
EDMUND BURKE (and others)
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