RE:JMHOWhile I agree with you, the reality is the daily volume is so small it doesn't make sense to do it and make real money. 236,092 shares traded today with a rough value of $12.8 million. Any serious investor is moving at least 30,000 shares to make any real money because at say a $0.50 spread that's only 15k which is chump change to Wall Street types
Lets compare that to the big board like Tesla which has an average daily value traded of $27-28 BILLION. Yes daily shares traded of Telsa 5 to 6 times the entire market cap of bombardier
Which one am I going to play with, swing trade, volume trade? Its small investors doing this, not hedge funds