Replies to post #90183 on Niocorp Developments Ltd (NB)

[Demolition Man]

looking for a solid bounce back with the potential great news we will be having. Question, let’s say $NIOBF can get in the $3-$4 dollar a share range before the reverse split. Would this lower our R/S from starting out at $10 a share? Thanks

https://countingdownto.com/?c=4439846

[PutzMueler]

Nah, your terminology is right but it still remains debatable whether we are a thinly traded penny stock.

I learn something new every day

I have always taken the daily average trading volume (guesstimate), and if the days volume was below half of that I would call it low volume or thinly traded. And if it was above by half that amount I would call it high volume. and the rest I would call average volume.
I never really cared much about the definitions, until just now.

https://www.investopedia.com/terms/t/thinmarket.asp

I’ll give it to you, for today, and tomorrow is a completely different debate. LoL