GREY:CHALF - Post by User
Comment by
gandle62on May 31, 2017 6:33pm
100 Views
Post# 26308485
RE:RE:RE:RE:SP even at close
RE:RE:RE:RE:SP even at closeI have read up to 60% of trades in a given period might be placed by algorythms, and some of them are volume conscious. On the day GLH surged, we had high volume with great momentum in the trades. The second day, when it began to settle down, the volume was still great but with weaker momentum... I forget if the wave was 4 million shares, but when they passed, the volume/momentum lost relevance and other algorythms gained ascendancy. Today, too. Short term worriers dumping, not entirely without reason, yet once the volume began to jump above 500,000 shares to 1.25 million shares we're at .34 (and could easily have reached .36 with only a few thousand more shares bought)... And then we settled back again because afterall, until the amalgamation is complete, most of us don't even know how many shares there will be in GLH, but we do know there's a base around .28 to .30 cents, plus good-will and belief and optimism, and any little short-term thing will set of a swarm of algorythmic interest and back to watch the volume/momentum of the trades and I suspect you will soon begin to feel what's happening with the stock as much as you understand the need for time as GLH grows, finds its footing and begins to sing Opera. Once you have a good seat, relax. The show will be great. All spoken with intended respect and IMHO.