38 million shares traded last 3 days @14.6 cents. Nearly 38 million shares have traded in the last 3 days at an average of 14.6 cents.
I am a value investor, so nearly all my comments are related to identifying under valued assets.
I am not a trader so I am not sure what this means.
I find it hard to believe it is just traders buying 1 million shares for 1 cent move for a gain of $10,000 before tax. Hardly seems worth the mental effort and lost opportunity cost.
I do see the possibility were a fund trades from one account to another, taking a tax loss on one and a certain gain on another; just for widow dressing and marketing performance.
As I said I am not a trader.
For the record, I never respond to posters unless they have a record of providing good due diligence for other people. Stockhouse provides a great public benefit for sharing due diligence, I contribute on that basis.