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Active Control Technology Inc ATIVF



GREY:ATIVF - Post by User

Comment by rickfactoron Aug 16, 2007 12:23pm
116 Views
Post# 13256250

RE: Mind Boggling

RE: Mind BogglingChances of this being fundamentals is extremely low percentage wise: Lets look at the decline of the past 5 days, Low volume 1,960,905 were traded during the past 5 red days (9-10-13-14-15 Aug) + today 428,000 so far That equals 2,388,905 shares traded to drop the SP from 0.225 to 0.165 today 2.4 million shares traded = Less than 5% of Total Outstanding Shares -0.06 = Approx -25% of SP on August 9th If this was a selloff, the -5% of outstanding shares being traded wouldve been doubled or tripled to affect the SP by 25% in such a short time frame This is definitely not because of the fundamentals ACT has , its due to many factors but mainly to a Bearish Market (Less Buyers) , Investors going liquid and many institutions selling most of their highly speculative and high risk stocks etc etc Definitely a good time to watch and learn and crunch some numbers Its amazing how emotions become the X factor in all of this
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