InvestorsHub Logo
Followers 2
Posts 156
Boards Moderated 0
Alias Born 07/04/2007

Re: None

Friday, 06/15/2012 12:11:35 AM

Friday, June 15, 2012 12:11:35 AM

Post# of 8705
Today was a pretty good day, BUT - You can't just take the volume pickup alone by itself. I know that's confusing, because I said when the volume picks up it would mean something. What you are looking for is a substantial value increase. Today we moved about 5 mil. shares or something like that, at .0006, so what really happened is about $3000 bucks changed hands. Actually it was less than that because of bids, so maybe $2500 bucks flew back and forth. That's really not a lot of value. When the volume picks up, and the ask is being hit hard so that the value starts to cross the 30 to 50K level(dollars) at least for a penny stock, then we will start to hit radar screens, and we will be back in play. Today was OK, but this stock is still a long way from being in play.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.