Post by
Wayshegoes on Aug 17, 2020 11:18am
Volume
When will this stock ever see a significant volume? I've been a long time holder but starting to feel the exhaustion of day after day of low volumes. Stocks like Well.to is trading a million shares by 11am and they released dismal earnings the same day as xebec. Are people just not interested in this technology? What am I missing
Comment by
tamaracktop on Aug 17, 2020 9:41pm
Volume tends to be light when the stock is stretched in either direction because it is out of equilibrium. When volume grows it implies buyers and sellers are closer to agreement about what the stock is worth. The market is more fluid. Efficient. It is how the market works. Equilibrium today somewhere around $4.50 is better than equilibrium 2 years ago around $1.20