TSXV:YDX.H - Post by User
Post by
Alpha007on Feb 13, 2020 11:52am
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Post# 30686271
The milking continues
The milking continuesIt is very intersting to watch these small cap companies get dragged lower and lower by really only a few traders, I can put in a buy order for .08 and if someone is willing to take a loss and sell me their shares for that, well then down down the share price goes. So clearly someone is wanting to still get this stock at a cheaper price, I mean it is such low volume/dollar like currently see $2.6k wanting to buy at .125, the spread is at least still sitting nice with the lowest seller at .145. But still, such low money moving this stock like a puppet, now if the company has any information for its shareholders soon that would be niice, I don't panic until I see high share volume trading and the stock going lower. Low volume and down ticks just mean people are having fun making small gains each day but majority of shares out standing arent moving meaning everyone probly sitting with like -70% holding on this