Trudy Corporation (fka TRDY)

[Rawnoc]

In addition, the small float is tightly held.

However, it is just perception. A 200 mil float at .01 takes absolutely indentical volume, all other things being equal, to move 200% as a 20 mil float at .10.

This concept is often misunderstood at the penny level, but rarely misunderstood at the dollar level. That is, most people understand a 10 million share float at $100 is indentical to a 100 million share float at $10, etc. Both will take the same $ in volume to move the same percent.

Of course this doesn't factor that the misperception may cause more selling of the $100 stock on the way up, but it could just as equally increase the buying.

About the move from .005 to .018...it has done several of them in the past on low volume. Study the past volume and price moves more....it consistently has moved on air (up or down) and while it's true that it is because the float is "tightly held" - part of that reason is the float is easily tightly held because it is SMALL.

If you still disagree, I challenge you to find a stock under .02/share with a 200 million true float (not dilution infested and inaccurate) that trades a lot of shares and isn't prone to extreme moves on light volume.

Several people have indeed bought at the bid I have watched using ETRD as well as some people who posted.

Bottom line is the total value of the float at .005 was $1 million. A $1 million float is an exceptionally small float by any standards no matter what the share structure is, especially for a stock that earned 1/3rd of that float dollar amount last quarter. It shouldn't come as a surprise that it trades as a small float as well....because the float is indeed small.