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Stephen Walking

05/03/12 2:21 PM

#66561 RE: iwant2barafter #66560

I'm going to wait for this to hit rock bottom. Then once the resistance is broken I'll buy A TON! Or once news hits.

sub756

05/03/12 2:22 PM

#66562 RE: iwant2barafter #66560

That's true! It's all about buying and selling. The frustrated, non-patient, or scared are and will sell. The staunch supporters and believers are and will buy.

ENZO57

05/03/12 2:48 PM

#66566 RE: iwant2barafter #66560

Days like today are all part of the deal. At first glance, the numbers might seem a bit disconcerting. But in actuality, today's volume is less than 1% of the total outstanding share volume. .69% to be exact.

Out of thousands of shareholders, there will always be a few that sell either because they have to or because they simply want to move on to another stock. When trading volume is low, often times their only option is to sell at the bid. It might look bad, but it really isn't.

The thing to keep in mind is that over 99% of the outstanding shares are being held tight by those who know what is just around the corner.