Yes, no volume 2 days in a row is not fun. Yes, if there is no volume there are no sellers.
The other side of that is when a stock becomes low volume, people get tired of holding for months and months when they can't get out. They dump to free up the dead money to use else where. Think this is why we have been inching down.
With little to no buying pressure (ask slapping) the only way out is dumping on the Bid. (OK, usually we have a daily ASK slap, paint job of a few thousand shares) Our 20 day EMA is under 1Ml.
We have owned CM for 6 months now. Dustin been working on it 6 months and we still don't have anything out of it. Reminds me of last year when Dustin put all his time into the huge number of App's he bought. Although they were ready made App's, it took Six to Seven months before they were all out in the market. The time, year, was pretty much wasted and shot. When they were, it was a punt, as he was not able to run ads to make money in most.
Now CM this year, another 6 months. This had better bring in strong revenues. Launching CM to me is like putting out the dead app's last year. Means nothing if it does not bring in meaningful revenues/profits.
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