Posted On: 04/09/2016 1:34:21 PM
Post# of 41414
Re: Carsmax177 #26063
Exactly.
It's been quiet, which can be frustrating at times. We would all love to see some PRs.
However, in the mean time, I like to keep in mind that the OS is 7.2B and the average daily volume is a little less than 6.5M. That means the average daily volume is a little less than 1/1000 (.001) of the OS, which is a ridiculously low amount of trading.
With many investors holding tens of millions of shares and some much more than that, this level of trading tells me the people in the know are holding strong. I'm going to do the same.
It's been quiet, which can be frustrating at times. We would all love to see some PRs.
However, in the mean time, I like to keep in mind that the OS is 7.2B and the average daily volume is a little less than 6.5M. That means the average daily volume is a little less than 1/1000 (.001) of the OS, which is a ridiculously low amount of trading.
With many investors holding tens of millions of shares and some much more than that, this level of trading tells me the people in the know are holding strong. I'm going to do the same.
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