Galaxy Next Generation Inc (fka GAXYQ)

[golfman8042]

Watch the buying and selling volume...

We are getting a bit of action, and it remains to be seen if the seller is finished. If so, I think we will continue to inch upward over the next few days; if not, well, it will become obvious. Either way, I am unconcerned and unfazed.

This stock is low-float and, at least currently, low-volume; so relatively small amounts of buying or selling move the pendulum significantly. And, unfortunately, shareholder deaths and changing finances can sometimes force sells of relatively large positions. It doesn't hurt high-volume stocks; it hurts (or, in this case, stalls) low-volume stocks. Again, I think the seller is probably finished and, as SRT has said, the MMs are just trying to put the brakes on a bit since they are not well situated to handle buying pressure. The picture will become clearer over the next couple days.

Great to see the continued daily volume. Even volume at this level, if it is on the buy side, will push us up over .10 in short order. Be patient (we have all become really good at that!) and hang onto those shares. Good times await.

Blessings all!