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Replies to #22549 on lowtrade
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lowtrade

06/23/11 11:48 AM

#22553 RE: Epic #22549

Keep in mind it's all in the numbers. I say a triple zero needs 100mil average daily volume for a game to be played. This comes from the math using averages.

Average volume 100 mil X average triple zero .0005 = $50k cash involved. If retail interest is in that area, VCs will know they have a willing herd around, with pocket money to throw into a bought run. These pond fishing plays often involve more then $500k cash and 10x in price pop. See the relationship. VCs expect the herd to increase in size and spend 10 times the start price. If they want to make a half a million in the game. For that to happen you normally see 10% of the target in volume interest before.

Your carp is a small fish and the restructuring story in April had no follow through. You may be in stage 1 of the setup. A watch for now. But if your arouhnd for future pops, take the profit pops to the bank.