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z4lover

08/16/09 9:52 PM

#166536 RE: hasher #166531

You yourself claimed that you have flipped this stock 3 times.

So for example if you traded 100,000 shares each time.

1 You bought 100,000, sold 100,000
2 You bought 100,000, sold 100,000
3 You bought 100,000, sold 100,000

So what came up on the volume was 600,000 shares when in fact only 100,000 shares were moving back and forth. thus the volume of 1.5 billion shares could be produced by 2,500 people doing the same exact thing as you. However my guess is there are many people who have been trading in and out much more frequently than that.

So I don't see how the volume proves that a whole bunch of people are in over a set price, nor do I see how it proves more shares, as clearly there are a lot of traders flipping in and out of this stock. These trades, or flips add up very quickly.