Post by
tamaracktop on Apr 08, 2021 9:05pm
very difficult to explain
It's actually really quite difficult to draw any conclusions from recent trading. Volumes have disappeared . I have no idea why.
If you look at some of the oft-mentioned names on this board, and look at their volumes today, you'll see what I mean.
Today Xebec traded just over a third of its average daily volume over the last 3 months. Both Exro and Greenlane traded about a fifth of theirs. And finally, Pyrogenesis came in at just under one half.
If anyone has a plausible explanation for this bizzare phenomenon, please enlighten me. Stocks that don't trade often drift lower under the weight of sheer boredom, as money leaves seeking more exciting plays.
Comment by
babedinkleman on Apr 08, 2021 9:43pm
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Comment by
Arbourmark on Apr 08, 2021 9:56pm
Babedinkleman, I not following your comments, can you explain what mirror trades and fake trading along with what hype column is. This is the first I have heard of these terms. Please elaborate.
Comment by
ratsnake220 on Apr 09, 2021 12:01am
tamara...i saw your explanation....no need to apply...What i notice is how very very contensious rumours on these type of stocks get a spike....and people sell into them....i do see analysts have not blinked....lots of $6.00 targets
Comment by
Telmelcel on Apr 08, 2021 10:11pm
What he meant is someone tried unsuccessfull sp lift. This was encountered by huge OVERHEAD RESISTANCE
Comment by
tamaracktop on Apr 08, 2021 10:19pm
Sorry, but mirror trading is legal. Wash trading isn't. Put that in your pipe and smoke it.
Comment by
ZouZS3 on Apr 09, 2021 9:10am
Loll, this is what I call desperation
Comment by
babedinkleman on Apr 09, 2021 10:02am
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Comment by
newcoin on Apr 09, 2021 10:10am
XBC is way over sold now, so a great time to get in.
Comment by
newcoin on Apr 09, 2021 7:17pm
Honest Al, Many analysts have stated that the stock is oversold. You'll get into it once you've been here a while.
Comment by
babedinkleman on Apr 09, 2021 11:26am
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Comment by
ZouZS3 on Apr 09, 2021 12:17pm
Looks like the whole market is affected by low volume. "The S&P 500 hovered near a record, with trading volume 25% below the average of the past 30 days. The Nasdaq 100 underperformed major equity benchmarks."