GREY:BXEFF - Post by User
Comment by
Kman83on Oct 02, 2014 12:15pm
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Post# 22991584
RE:RE:RE:We are now listed on the NYSE (off of NYSE MKT)
RE:RE:RE:We are now listed on the NYSE (off of NYSE MKT)Just because there has been a large share turnover doesn't mean a new style of investor has come in. With high frequency trading and day trading many stocks have huge volume that is not proportional to the amount of trading done by true investors (versus people simply flipping the stock). So the volume alone won't indicate if sufficient new investors have come in.
In my case I have purchased BXE shares several times over. I have purchased them, and then fortunately they bounced higher, I put in a stop loss slightly above my purchase price, then because of further drops, it was triggered. Later when I hoped the shares had reached their bottome I bought the shares again and the process repeated. So in my case my volume is at least triple the number of shares that I actually bought for a long term hold.
-Kman