RE:RE:RE:RE:we got a runnerinviolablspirit wrote: Traders will slowly loose their shares into stronger hands that are willing to hold medium to longer term. 86 million shares outstanding is not considered a lot of shares to trade when more and more shares are being collected for longer term hold. I don't mind the small pullbacks as this is the way a heathly stock moves. Not always a fan of gap ups, as they often result in the stock price coming back down to fill the gap. I prefer the slow and steady move up with a few upspikes and pullbacks. I will certainly look to be adding more to my shares when and where I can.
thats a nice story but not what is happening here.
I agree, a nice slow rise is always best. But day traders and scalpers and especailly ceo.ca traders DO NOT LIKE THAT..they need wide gaps for the spread..So they can MAKE $$$$$$$$$$
its all about the dollar bills..If you want to invest money BUY at 52 week lows and sell at 52 week highs.
The traders, they need a spread so they can BUY AND SELL every day.
0.01 spread does not make scapers money BUT DOES MAKE INVESTORS MONEY.
why do you never see a 0.01 spread between the high and low of the day???
Answer- the ones buying and selling need a bigger spread
this is the CSE, you want plain jane buy an ETF