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elMoose

05/09/19 12:49 PM

#87387 RE: SPORT19 #87377


How much $ value of thus stock was traded according to nasdaq today? 78k

Even my broker is indicating a very low volume.


78K * $2.60 = $200k

How much was gained or lost = $0.09 * 78K = $7000 USD


WOW.. The entire day, all those who traded it today gained or lost $7000 dollars altogether.


The fact that longs are not really dumping it is obvious because the volume is low.

The day traders or most likely a hedge fund or two which control the price of this type of stocks, can control the bid and ask but even then they failed to make even $10k in total. What an achievement!

In a day like this, they could have done a killing shorting something with a large volume but here they are playing games.