Post by
Farquar on Oct 01, 2024 10:53am
STUD down to .06/share because of lack of liquidity
Just a few weeks ago , you had investors buying 27 million shares of Stallion at .09/share and now we have the share price at .06/share and it looks like nobody wants to invest in this company. But nothing could be further from the truth. The problem is there is such low liquidity in this stock that even one or two retail investors who want to get out of this stock can't get out without letting go of their shares at much lower prices to other retail investors.<br /> <br /> So why don't those investors who bought 27 million shares at .09/share in the last financing come in and scoop up these cheap shares at .06? They don't because the quantities are way too small to bother with. Somebody selling their 20,000 shares at .065 represents a sale of only 1300$ ...This is peanuts... If someone came and posted an ask for 1 million shares at .07 , it would be scooped up by the bigger investors here but it would still only be a 70,000$ cdn transaction which is still peanuts to these big investors..
The good news is, that illiquidity works both ways, the same lack of liquidity that can propel a stock downwards like this can also propel a stock upwards if the buyers outnumber the sellers. If big buyers come into this stock , they will be faced with very few shares for sale and thus will have to drive the stock price up to capture all the asks and get their million shares or whatever..
This stock has tremendous potential and now getting those extra 10 claims makes it even more appealing.. Stud could easily be a billion dollar market cap company.. They need just one big uranium discovery and this company will never look back . .