RE:50 Millionjermiah777 wrote: The last 5 trading days saw 50 MILLION shares traded. Theirs no shortage of volume with this company. But you have to wonder when the seller's will dry up?
I doubt very much anywhere close to 50 million shares actually changed hands. More like the same 1 million shares flipped back and forth and around in circles 50 times. I mean, good for the guys that flipped for 2,3,5 cents profit but for every one of them, somebody , somewhere lost those same 2,3,5 cents. If they make 2, lose 3, make 5, lose 4 at the end of the week there is some furious volume but nobody made diddly when it's all netted out. That's my guess. I'm happy with my top up at 30 which I was tempted to flip out, but didn't. There's just too much binary outcome game changer potential news coming "down the pipe".