Post by
ZetaReticuli on Oct 22, 2018 3:10pm
Too much loose stock
Every time there is a little upward momentum it gets crushed by shareholders eager to dump. They need to get the float into more patient institutional hands.
Comment by
bligicka on Oct 22, 2018 3:14pm
Thats not necessarily a bad thing if your accumulating !!!! Nice volume today !!!!
Comment by
ZetaReticuli on Oct 22, 2018 3:22pm
Not if there are millions upon millions of shares willing to be sold at the slightest price increase. This has happened every time the stock has tried to rally for the past 5 years.
Comment by
hereiam on Oct 22, 2018 3:57pm
Volume up but still not that much... Only 60 000$ total value ...
Comment by
Bobby24 on Oct 23, 2018 4:32pm
You are right. As long as the penny pinchers will hold all this loose stock we will never get any serious upward momentum. Today again they took their 2 cents profit for a total a few hundred dollars.
Comment by
CarbonWarrior on Oct 23, 2018 5:38pm
General market is awful. What really matters is for them to score a second and third contract.