RE:RE:RE:RE:RE:RE:RE:RE:SLANG First Quarter 2020 Financial ResultsMiroslav2, I can only trade OTC SLGWF. It's hard for me to say. For example, some days volume is normal, but yesterday had really low volume while I saw over 100,000 shares available at $0.12 USD ask. I was debating buying a chunk. Now, that's only $12,000.00 USD. Daily volume has averaged a little over 300,000, or $30-40,000 USD. The OTC stock price won't move up without volume. The damn thing shows stock price at the last trade, even if the last trade was only 100 sharees at $0.105 USD, or a whopping $10.50.
For awhile, I wondered if they were keeping stock price low on purpose to give time to buy during mgt's lock-up, but then I'm not seeing a lot of buying. Considering the majority of their employees are in CO, I'd think I'd see a lot OTC buying at these prices.
FYI, I'm a holder with a long-term outlook and am not planning to sell anytime soon.