Sorry - forgot to mention one thing - support -When i stress the support was there.... Ask yourself - Is it fair someone comes along and sells out the stock - on a cheap bid of 1500 shares and then 300 shares - EACH A WATER MARK
that signified a price change?
Obviously no.... Which supports my theory that the price was supported - but how can a stock combat against such bogus trades?
THE ANSWER?
Weighted averages.... If a stock is sitting at .12 cents... rose to .125 cents - then settled at .12 cents on the former friday....
Opening market Monday.... Should constitute a carry over of shares sold = support from the Friday previous.
Which was the last support - based on trade volume and price.
Come Monday - that support of say (example) 800 k shares - is the support in which should establish a security of the stock price.
In order for the stock to adopt a newer price higher - any trade above this in a reasonable volume - 5000 shares - should bring it to the next level. Higher gain.
Any trade that brings itl lower - should meet the requirement of - at least 50% volume of the current support price.
Why should a stock be bullied by a 300 share sell that brings the stock lower when it was supported by 800k volume? Where's the weighted average - in fairness?
A stink bid - when accepted - facilitates manipulation - it should never be - the system needs to be revamped - to weighted averages - whereas the lower price must challenge the supporting price.
Key word.. challenge the offer - in a half the volume - shares sold - for a change to occur on a downward trend.
Such a system - would be in favor of companies gaining - not to mention - companies that gain = success = economy flourishes - it would provide a security from shorting a stock or other - and allow a stock to move forward - whereas the exchanges would be encouraging growth of companies.... Instead of the present system... Of a free frawl.
Weighted averages are needed - to prevent the injury of stock prices. Prevent manipulation - and encourage growth - It would bring a stability to the exchange and over all market.
Making it a fair play market.
If a company lists on an exchange - its to the exchange's benifit - to keep the company on the exchange - perhaps this new idea - would correct the dire status of - why so many companies struggle to maintain stock price - and if a company can't maintain stock price - one thats higher than penny status - then the company suffers dilution = unfair evaluation. There's too many negatives against the company.... The system needs to be revamped. Period.
Just my opinion - do your own due diligence. I may be completely wrong or, i may be utterly right. Do your own research... Thanks !.