TSXV:BTI.H - Post by User
Comment by
KayakerBCon Sep 07, 2016 2:08pm
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Post# 25214673
RE:RE:Trades Today
RE:RE:Trades Today
.i also understand that level 2 means nothing. ..but with a 50-100k day here as thin as it is...this would blow past 2$..
C'mon. Surely you know it doesn't work like that. As the price goes up, many thousands of shares will come into the market. It won't be as thin as it looks at the moment.
We've had several 100,000+ days in the past month and each time the stock moved up by 6¢ or less. Volume can come from enthusiastic sellers as well.
Your previous comment ("hardly 35000 shares for sale to hit 19$ a share") was in the same camp. On the road to $19, millions of shares would come into the market (>10 million IMO).