Replies to post #264073 on Sulja Bros. Building Supplies, Ltd (SLJB)

[toddeholden]

easy. most penny stocks are routed through nite. 1.2 billion shares is about 5.5 million per trading day. cut that in half (half are buys, half are sells) and you have 2.25 million shares per day. even at a nickel a share average price, that's still only about $100k a day. it is certainly plausible that penny stock gamblers absorbed that amount of lfwk/sljb last year. the actual amount is probably more like $25-30k per day because of flipping