Small float...
for anyone that may be somewhat new to stock trading. A stock that has a small tradeable float due to heavy insider ownership, industry holders that are long, etc the share price will move in volatile swings due to a lack of supply on the paper. It can be unnerving at times but you have to stomach it. These are the stocks day traders flock to because they can swing between highs and lows all day long. There is a point where day traders lose interest at higher prices with higher bid and ask spread. Just have to be patient. Best of luck. Take Care