InvestorsHub Logo

FDshoes

05/21/13 8:28 AM

#8489 RE: SMSTrade #8487

The copy and paste posts you mean lol.

Like I have said this chart is still showing a potential .01-.02 range but it still def needs a lot of new buyers. We are floundering at these levels hardly staying afloat with small volume back and forty buys and sells.

desemonies

05/21/13 8:36 AM

#8491 RE: SMSTrade #8487

While I agree with you that the low volume is kind of upsetting please do not forget that volume isn't the only indicator of how good or bad a potential investment is. Low volume can also be a positive indicator. What it can tell potential investors is that the shares a being held by longs and that something (whether its news or a major stock promotion) is eminent.

The low volume doesn't say much and only bothers those who are flippers and aren't longs. Either way if you are apart of this board you believe in this company's potential whether you are a flipper or a long. Don't be afraid of low volume. Do your DD properly and you will not be affected by one of the financial indicators. Let's all make some monies. After good news is released of their contract closures with Amazon, Ebay, and Big Banks there will be more than enough for all of us. MYEC!