RE:RE:RE:RE:PG 15 - Spanish Mountain Corporate PresentationI did bring up gamestop ... but not as a short squeeze simply as an example of people buying and that buying affecting a stocks price. The price of this stock is related to news, the price of gold etc ... as you mentioned.
However ... It is also related to how many people buy and hold shares.
WIth our volume SO low it would not take that many new dollars to move the stock.
Look at the bid/ask on any given day. If new buyers came in with a few thousand dollars the stock would absolutely go up ... not massively ... but a penny at a time.
Line up enough buyers and that simply keeps happening.