OTCPK:NWKRF - Post by User
Comment by
predawnon Oct 26, 2018 3:35pm
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Post# 28879865
RE:RE:RE:Lulz
RE:RE:RE:Lulzagain I correct you as more than 4 million shares have changed hand on the markets today my friend ;;;;;;;;;
mathandmass wrote: predawn wrote: FOUR million trades today so far not low at all ?????
mathandmass wrote:
You guys are funny. To effectively penny flip you need the volume. Graph like seismic activity. The volume on HIP is so low today you can hear a penny drop. Nobody is going to penny flip with that! Also, how do you tell "institutional" from non-institutional trades? Most people use some sort of online platform to buy and sell. So their orders will register as that brokerage. If you see CIBC there or something that does not mean the bank is buying - it's the customer who is buying using their platform. The big buy order that took all lots from .54 to .59 today could have come from an institutional investor. Or from someone who has a lot of cash to play with and just clicked buy at market price either by accident or cause they don't care. With today's volume it would have registered as that big spike.
1,698,250 - this is below average daily volume for HIP. Also you are not getting what I'm saying. How many shares exchanged hands on a 0.50 cent stock does not matter. A lot. Cause it's cheap AF ok? Nobody is selling a 100 shares and buying 200. That's obvious, no? But the price fluctuation was miniscule. The price changed like maximum of 20 times today. Not even. Graph is lazy - a lot of straight lines. To penny flip you want a LOT more volume and a graph with no straight lines at all.