That's good general population information Bar butt, like you said academic, until you have a study for ihub traders it will remain advice for newbies. In other words, how a percentage of 53 was arrived at might reveal ihub traders (not all of course) pulled that percentage down from what could have been in the 60s or 70s on the right side (had they been included). I was in a t/a chatroom where we were banging 80%!. Good luck with your trade. RNVA$
I believe I failed to make my point regarding trading in RNVA. I was discussing traders that use hyperbolic and wishful statements as the to future of penny stocks, such as is occurring in this stock.
My thoughts are that these swarms of traders may cannibalize one-another as they work a penny stock up and then abandon it, then going to other stocks (or revisiting the same stock) and applying the same techniques.
Those trades not so nimble or not in the know (PM messages?) may get caught holding stocks as they collapse.
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