Post by
Camphikefish on Feb 15, 2024 7:30pm
Volume lately
Ok so it's just a quick question to see if someone has some ideas. I have honestly done some research on light volume stocks and the most common reasons for this occurrence. We all know what some of the obvious reasons are and I believe the biggest component is the BTD factor. I think we all mostly agree BTD will bring significant buying volume. Here's my question which I researched and could not find out much about. Is it truly possible that the majority of shareholders are sitting tight and there's not much stock to buy out there? I always see a huge ask on the US side but I guess the spread is such that the liquidity and volume lag. I simply can not imagine not wanting in at this point and doing everything possible to pick up shares at these prices. Just looking for insight and hoping no one takes offense to my question. Thank you in advance and all the best to everyone
Comment by
Camphikefish on Feb 15, 2024 7:57pm
Thank you very much Longholder for your insight and kindness.
Comment by
Legit62 on Feb 15, 2024 8:22pm
Right on the spot Longholder, nothing until BTD and we are derisked, our saving grace right now is we have a bunch of investers who believe in this , who continually put up chunks of good change including Roger, that says alot to me or why would they keep buying, and NO selling on their part, patience now , and our time is very near
Comment by
PrettyPennies on Feb 15, 2024 8:46pm
When you see huge volume on the YS side, it is usually a decimal point error. There is a website to get OTC Level 2 in the US that is more accurate on overall volume. The Level 2 doesn't show smaller orders under 5000 (bid or ask) as near as I can tell.
Comment by
PrettyPennies on Feb 15, 2024 8:50pm
https://www.otcmarkets.com/stock/TLTFF/overview
Comment by
PrettyPennies on Feb 15, 2024 8:59pm
Once TLTFF gets higher, it will show orders over 1000. I am not sure where the break-off is but another penny stock I have is in the $0.60 range and 1000 share orders show for that one.