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Re: Toxic Avenger post# 31036

Wednesday, 02/09/2011 2:07:30 PM

Wednesday, February 09, 2011 2:07:30 PM

Post# of 35802
Look at late Feb 2010, and late June/early July 2010. Volume almost disappeared shortly before a huge jump in the share price on higher volume. I'm not saying that we're in for the same kind of huge pop necessarily (it's possible but I wouldn't bet the farm on it), but those low volume days clearly marked a turning point in terms of momentum. You can rationalize it however you want, but like I said abnormally low volume often suggests a change in momentum, or at least is an acknowledgement that a stock is at an inflection point. It does not guarantee that GRNO will move higher, (or that if it does it'll spike as it has in the past) but given the price history over the last few years it would seem a bet with good odds.

BTW, you have so far ignored the point I made in an earlier post. If there are no interested buyers, then please explain why there are now 2 buyers sitting on the bid at .08 when earlier there was only 1, or why the bid was raised from .078 to .08 earlier. There is a difference between "no buyers" and "buyers trying to get it as cheap as possible".