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Nanotech Entertainment Inc NTEK
Posted On: 09/17/2015 1:56:10 PM
Post# of 96892
Posted By: Natronic
Re: Sitting Bull #31962
This is what helps me hang on in these drops in pps. We have only had a few days this year in april and may when the volume exceeded 100m in a day. 140 million is 10% of a/s. The o/s is right behind that. Someone is holding large amounts of shares and not letting go. Average volume is just over 11 million which is less than 1% of a/s. So compared to a lot of other pennies, this one is tightly held and even on "high volume" days, there is still not that many shares moving around... No telling with the naked volume either. Alot of technical indicators become skewed as they are based off of shares traded and don't consider total number of shares in float or naked shares sold.













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