GREY:NKRSF - Post by User
Comment by
HumbleTheTraderon Jun 22, 2016 3:50pm
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Post# 24988560
RE:RE:RE:Volume only 58,320??
RE:RE:RE:Volume only 58,320??Chucklee wrote: HumbleTheTrader wrote: zahmed70 wrote: So far for today .... Volume only 58,320 !!!
For the last time, low volume at times like these is a GOOD thing, its called consolidation, everyone has loaded up on shares already, nobody is selling and everyone is holding waiting for news to drop.
That's definitely one way of looking at it.
It could also mean that no one is willing to buy...
Thats what I said, everyone has loaded up already and many at a much higher price than current SP, dont forget the last high volume day we had recently where millions of shares were bought at a VWAP of 0.26, and most of them have held on awaiting news as you can see from the low volume after the last spike