Question to all if you can help:
If there are only 108,000,000 in the float and there is high volume shares traded each day, 5 million, 10 million and even 20 million per day, (High volume meaning that high volume is based on the low 108,000,000 float) but the price stays around the same $.008 on those high volume trades does that mean that there are equal amounts of shares being bought and sold around the same price? And if that is true why bother to trade where no money is made.
If many bought higher and with good news releases one would think they would hold their shares in anticipation that they will rise back up soon and cause many investors to not sell which should cause the price to rise.
I see we have had 4 days closing in the green and maybe moving back up slowly is better than fast which allows many to buy less shares but also hold them instead of a fast buy and sell to make a few bucks.
If there are only 108,000,000 in the float won't there soon be none left to buy as many investors who are buying at these low prices to hold which allows the demand outweigh sells. Or are people buying 5,000,000 at $.0075 and selling for $.0085 to make a fast $5000?
If investors buy at $.0075 sell at $.0085 is true, than won't the ones buying at $.0085 hold and still cause available shares to dry up causing the price to rise? If the company continues to expand I would think longs would hold and even those who paid $.0075 still hold longer based on the companies news releases.
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