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5,308.13
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Bucks4Buckeyes

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Bucks4Buckeyes

Re: None

Friday, 03/23/2012 12:20:18 PM

Friday, March 23, 2012 12:20:18 PM

Post# of 24254
IMO, low-float stocks will always be rather illiquid. The nature of the way SMKY trades seems to have been in the same illiquid pattern. When there is buying volume it soars and when there is selling volume it slides.

To me, just the fact that it has maintained the .06 (rarely) to .08 range with the selling pressure seems to indicate that someone is liquidating a position and does not wish to hurt the stock while doing so. When the selling is over, we should rise. Most likely quickly like we have done in the past.

All The Best


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