RE:Again with the low volume. MisterGRP wrote: To me the low volume really hurts this stock price. I know it has done okay yesterday but only after a recovery in the dieing moments. The price was driven up by 001 Anonymous and to me that usually means they are going to short it the following day.
The other problem with the low volume, is if someone decides to sell a large position in this stock and puts it all out as a sell, there are more sellers than buys a lot of time and the only way to move those stocks is to drive the price down. I think we are seeing that today.
Dont get me wrong, I have a very large position in OGI and see only good things long term, but I am also surprised at the low price of the stock compared to the positives of the company.
We need to find a way to get those numbers up ....
Best of fortune to all !
That is exactly what happened yesterday..the price was driven up right at close for a reason..and you are correct..we are seeing that reason play out today. You are correct too in saying when the volume is low to start with..if there are is are sellers who want to part with a large position it certainly will drive the price down. The low price we are seeing certainly does not reflect all the things that are going on with OGI. Not even close. It amost seems that the volume is suppressed. With the markets being open 2 hours now and we have barely 50,000 shares traded..very strange volume for OGI, and this could end up being a day where the volume is the lowest in ages. I wish I knew the answer to getting more volume and getting the share price up where it belongs. OGI is delivering, we just need to get investors motivated to buy..whatever that involves..hope we shake off the cobwebs this afternoon and end up with a respectable close..glta