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Threeflight

05/13/11 10:14 AM

#30807 RE: tiffer #30806

How have daytraders affected this stock? That is simply not a true statement. Daytraders like two things. Volume, which this doesn't have, and volatility, meaning the stock moves up and down quite a bit, and it doesn't have that either. So this stock has nothing of interest whatsoever for a daytrader. Nor do you see it talked about on the boards besides here. Last year yes, the stock had daytraders in it, and the stock traded millions a day and went to 35 cents. Daytraders and volatility are GOOD for stocks, make that GREAT for stocks, as they provide liquidity. Since last year and the D deal however, the daytraders left and the chart shows a slow decline on less and less volume every month. Daytrading involves spikes up and down as the traders buy and sell it. This is just a slow drip to oblivion. Daytraders know to not get involved in a stock that has this type of financing as it is a stock killer.

Why blame the stocks fall on something that is obviously not true, when the real answer to the problem is staring you in the face? Someone is selling you a false story.