Post by
javaman12 on Nov 13, 2024 6:13pm
Big Volume Day!!
Let's hope that this trend continues! It's good for the future share price and good for the company!
If large volume trades like this continue, I would like to think that some very savy persons, a large financial group or some company is accumulating shares! That's just my dream scenario, but what if it's true?
Usually this kind of trading volume, just fizzles out. And no one has any idea as to why.
But I do!
Any savy group with deeper pockets and the desire to buy a lot of shares will let the buying settle down for awhile before they try to use this same tactic, once again! Perhaps this tactic may be used many times more!
I say more power to them! Set them loose! Keep those share prices cheap, until the next move higher!
It's really smart to instill some fear into any potential sellers to shake them loose from all of their shares!
I do like the idea of our company's shares rising up, simply on sentiment alone!
And this kind of accumulation could happen at many different price levels with the same game being played, over and over again!
At least it would go on until a certain share accumulation amount had been reached! Maybe 20% of the company's shares per group. That would be a lot of buying! And our sellers would have to cooperate with them! But usually they do!
There could be many such persons or groups involved in this kind of activity. Maybe some group would like to make a company acquisition? That could be done at any time. There would be no need to wait for some period of strong revenue growth! That might cost more, so much more!
Some significant financial group or groups, may already know that BioVaxys, really has the goods!
Unlike much of the retail crowd, these kind of purchasers have a lot more patience as they continue to accumulate as much as they can! Seeds of doubt are easily cast into the mind of a frightened investor fearful of losing much of their money. What if the share price fell back down to previous levels! HIt that panic button and get out of your position first! What a sucker, you become!
This happens all of the time in the junior exploration space when large accumulators are buying shares. They may even instigate some of the selling! Ever notice that many different stocks all seem to fall at the very same time! Any idea as to why? Your money must become theirs!
We are in a share price accumulation phase and it will take as long as it takes!
But when the company finally begins raking in some significant amount of licensing revenue sometime next year, then our price will already be higher, perhaps a lot higher than today!
After that point, then there will be little to stop the share price from exploring its limit!
That would be an explosive move that we would all, just love to see!
But not today! First let them buy more!
Let me know if you agree!
All the best! Java
Comment by
frankman on Nov 14, 2024 3:59pm
Java I have no idea who is accumulating for sure but maybe some 5 cent warrant conversions are the sellers along with profit taking from the lower prices. Either way good liquidity.