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Generex Biotechnology Corp GNBT
(Total Views: 396)
Posted On: 04/04/2019 5:29:34 AM
Post# of 36566
Posted By: Msowid
Re: Winger54 #3227
We hear you....and i feel your and my pain.....the decline as quantified by gd4nthing has been very difficult....good things don't come easy....patience my friend...its the only way we are going to survive this.....
the light at the end of the tunnel however is ....the volume of 423,470 is just a little less than 1 % of the total outstanding shares available (actually .7 % of 60 mil, or 1.2 % of the 35 mil, for some of the anal retentive members on the board)....so is negligible as far as true volume is concerned....whenever the volume is this low, price seems to capitulate and/or is manipulated by a few to gain a few morsels of the gem....
hang in there brother and we are all in the same boat.....we drown together and we fly together....

p.s. a drop of 15 million in the market cap for generex is also disheartening...so imagine what is going thru Joe's mind as well....everyone is feeling the pain....just imagine this, our WHOLE MARKET CAP LAST OCTOBER WAS 2 MILLION....

gd4nthing's quantitative eyes in the sky for us (or snorkels in the water)

Trading Stats for the last 5 trading days (3/28-4/3):
The closing price on 3/27 was 1.51 and 1.26 today
423,470 total shares traded at an average price of 1.33
329,185 (77%) at the Bid (or a little above) at an avg pps of 1.32
94,285 (23%) at the Ask at an avg pps of 1.36
The high was 1.53 and low was 1.22
This resulted in 15M (17%) drop in market cap (91M to 76M)

We need to uplist asap! Oh and an updated 10-Q and some news would help.














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