GREY:CLRYF - Post by User
Comment by
Veteran1on Oct 05, 2016 6:57pm
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Post# 25314406
RE:taking off
RE:taking offIn order for hihger prices, you need higher volume of shares looking to buy typically based on future opportunity which usually comes out in news reports. Lack of news typically will have sellers happy to sell to move to the next big play.
Only $14,000 worth of shares traded today so the share price dropping today on a low $ amount is rather meaningless unless you are selling or buying.
I would guess you need a several good $100,000 volume days to cash out people that want out to get the price back to the .13-.15 range
Of note Stableview has a 10% plus shareholder stake in ZAIO which shows the committment that team has to the ZAIO potential.
Cheers!