OTCPK:SPLID - Post by User
Comment by
old_dogon Feb 26, 2021 1:43pm
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Post# 32672517
RE:RE:RE:RE:RE:RE:I just threw up...yuck....
RE:RE:RE:RE:RE:RE:I just threw up...yuck....And that's my whole point.....your own statements prove that out.
"lots like yours are vastly exponentially greater than the average, and I'd say they represent the deep pockets you were alluding to. Which is not at all the average. "
I don't consider my pockets to be large by any stretch of the imagination. But what I was alluding to was the size of the lots per trade today. over 60K per lot on average. This is well above the norm. Normally a small cap stock might run 5K to 15K a day per trade. typical of a small trader with limited resources. The size of these lots implies deeper pockets because when you factor in the small trader doing say 10K in shares there is 50K of that daily average that someone else is buying. So their trades would be in the 110K range.
The point here is that the stock is seeing higher volumes on less trades...that can only mean BIGGER LOTS PER TRADE....people don't toss more money into a trade unless they expect to get that money back as weell as a decent return.
so yes those shares per trade sizing do show you something...
old_dog