With 11.5 billion shares out there

Posted On: 03/29/2013 2:47:41 PM

Post# of 63821

Posted By: Doubloon

Re: PoemStone #7103

With 11.5 billion shares out there needs to be (should be) at least 500 million in volume per day sustained over several days to see any type of decent return, play it as a momo if you want to - but there are many who will get trapped in it (in my opinion from my experience).

And yes it is 40% spread between the bid and the ask so on 28/03 it moved from bid to ask.

Date	Open	High	Low	Close	Volume	Chg	% Chg	Adj. Close
28/03/13	0.0005	0.0008	0.0004	0.0007	152,705,662	0.0002	40.00%	0.0007
27/03/13	0.0005	0.0005	0.0004	0.0005	22,707,841	0.00	0.00%	0.0005
26/03/13	0.0004	0.0005	0.0004	0.0005	34,709,644	0.00	0.00%	0.0005
25/03/13	0.0005	0.0006	0.0004	0.0005	27,425,661	0.00	0.00%	0.0005
22/03/13	0.0006	0.0006	0.0004	0.0005	72,337,661	0.00	0.00%	0.0005
21/03/13	0.0006	0.0006	0.0004	0.0005	32,075,571	0.00	0.00%	0.0005
20/03/13	0.0005	0.0006	0.0004	0.0005	31,181,298	0.00	0.00%	0.0005
19/03/13	0.0007	0.0007	0.0005	0.0005	75,037,417	-0.0002	-28.57%	0.0005
18/03/13	0.0008	0.0008	0.0005	0.0007	97,742,530	0.0002	40.00%	0.0007
15/03/13	0.0008	0.001	0.0005	0.0005	59,328,808	-0.0002	-28.57%	0.0005
14/03/13	0.0007	0.001	0.0006	0.0007	115,937,588	0.00	0.00%	0.0007
13/03/13	0.0006	0.0007	0.0006	0.0007	18,619,406	0.0001	16.67%	0.0007
12/03/13	0.0006	0.0007	0.0005	0.0006	30,323,168	-0.0001	-14.29%	0.0006
11/03/13	0.0007	0.0007	0.0005	0.0007	26,479,455	0.00	0.00%	0.0007
08/03/13	0.0006	0.0007	0.0006	0.0007	35,350,095	0.0001	16.67%	0.0007
07/03/13	0.0009	0.0009	0.0006	0.0006	40,040,932	-0.0002	-25.00%	0.0006
06/03/13	0.0008	0.001	0.0007	0.0008	192,936,196	0.0002	33.33%	0.0008
05/03/13	0.0008	0.0008	0.0006	0.0006	29,327,225	-0.0001	-14.29%	0.0006
04/03/13	0.0007	0.0009	0.0007	0.0007	33,377,076	0.00	0.00%	0.0007
01/03/13	0.0006	0.0007	0.0006	0.0007	2,629,779	0.0002	40.00%	0.0007
28/02/13	0.0007	0.0007	0.0005	0.0005	19,330,833	-0.0003	-37.50%	0.000

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