GREY:WFEMF - Post by User
Comment by
kilgoron Mar 17, 2014 8:30pm
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Post# 22333821
RE:RE:Stop Loss
RE:RE:Stop Loss
Thank you for you comments GO..... I was beginning to suspect that someone is suppressing our share price as some share orders are very small and the return they would eventually get is very small. Also, the fact that only a few shares trade daily out of the total number of outstanding shares, one would expect greater share price swings on a regular basis but the share price is settling within a small range.
Today 20k shares traded by two share holders each purchasing 10k each (according to CSX). If they were day traders, each would make a gain of $100 less trading fees, which doesn't seem worth the effort. The point I am attempting to make is that day traders are the unlikely culprit for the share price suppression.