Yesterday was the lowest volume for 2 1/2 months.
Is this because:
Nobody is buying?.
Nobody is selling?
The market makers have killed liquidity by making the spreads too wide?. If so why?
Any thoughts anyone as we enter into a pivotal week?.
Is this being manipulated? A small buy (500 or under) pushes the price up. 30,000 sold and 1,700 purchased in a very small time frame and the price barely budges? What is going on?
How can you dare to say this stock traded in the scAMEX is manipulated?
This was ready to run two weeks ago when some crooks decided they had to get cheap shares. All the manipulation sent the volume to record lows as nobody is willing to sell at current values.
Most of the already low volume is just these guys doing trades between themselves.
WHy is this week so pivital???? I think the price is to high to be intresting to me... I think it is o.k. though just not into the penny stock thing at fair value, if I think it is undervalued I may change my mind
Eric, Look at the volume compared to everyday volume it dropped 5 times over. that means that only the MM's are trying to keep the price low. yes they do get some lonely trades but all the smart sellers are on the sidelines waiting for it to go up...
Ms Jackson, The Sellers are out there... Your one of them just that the Buyers Don't want to pay the price ... Look at Bats its loaded with sellers all for 44 cents or more. SOOOO . If the MM's don't want to make a deal its not anybody fault except theirs..
Sentiment: Strong Buy
Ms Jackson, Isn't it true that this stock goes with the volume and if the volume is up the stock is up. look at the chart last week .low volume low numbers on the board. It does seem like a thing of the past doesn't it. I believe this stock has a lot of upside potential as long as we receive no news or good news don't you ????
Very few MM's trade this. I called and asked Scottrade why level 2 was basically useless with HTM yet great on other stocks and that was the explanation. IMO the 100 share trades kill any momentum it might get during the day and if you notice they are starting to paint the close. With a good entry point (or points) we are just stuck. You can't sell at this level and make any money even with a good entry, there is just not enough volume. I need to unload some but no way am doing so in the low .40s, it would leave too much on the table...