THIS SHOULD BE OF ENCOURAGEMENT TO US... HER
Post# of 1609
HERES THE FACTS ON PRICE MOVEMENT TO VOLUME RATIO...
Looks like we have been warned over and over and over again that this stock will never go up because of all the diluted shares. Well according to the charts, if we compare price movement and volume the dilution is not hindering the stock price to run.
Lets go to bigcharts and see the facts for ourselves.
http://bigcharts.marketwatch.com/interchart/i...amp;freq=3
Once you open the link go to the left box click timeframe , then click chart range , then click 2 years .
Now lets look at volume and price movement. That is the telling story with the tradeable float. Slide your cursor on the bottom part of the chart and you will see for yourself the volume/date and price.
Date.............Price....Volume
Jan 27,2012 .0008 92,780,424
Feb 3, 2012 .001 138,243,856
Feb 10,2012 .003 148,966,600
Feb 17,212 .008 676,904,500
Total Volume 1,056,895,380 That is over 1 billion shares
traded in 3 weeks.
Float at this time was only 379,000,000
Date.............Price....Volume
March 9, 2012 .004 85,953,790
March 16,2012 .007 146,009,456
March 23,2012 .017 335,275,736
March 30,2012 .018 287,097,184
Total Volume 854,336,166 Over 3/4 million shares traded in
3 weeks and a 350% increase in price. Also remember we had big news that came out on March 23 that drove the price.
Float at this time was only 379,000,000 .
Date...........Price....Volume
Feb 1,2013 .004 42,879,750
Feb 8,2013 .004 119,606,072
Feb 15,2013.006 103,673,360
Feb 22,2013.008 92,857,000
Total Volume 359,016,182, thats 58% less volume then the run we had from March 9th thru March 30th. Price increase of 100%.
Float at this time was 640,000,000.
A 41% increase in shares from the March 2012 run and yet the price moved just as easily.
Even the run up the July 18 went from .002 to .0038 on only 105,000,000 shares that day. Up over 80% and with a float of over 850,000,000 shares !!
These are FACTS that can't be dispelled no matter what anyone says. Yes the FACTS are they increased the O/S by 261 million shares during that time. But the FACTS also tells us those shares are not in the open market ,(meaning when SNDY is selling these shares someone is buying them instead of them being just dumped into the open float of tradeable shares). If the float was that much bigger it would of taken at LEAST TWICE AS MUCH VOLUME TO MOVE THE STOCK PRICE UP ON THE RUN BACK IN FEBRUARY 2013.
I would agree with what many are saying about them diluting shares if they were being added to the tradeable float. The stock price would be very very hard to move up when you have a much larger float. But the FACTS shown in this chart with the price to volume ratio just do not support that the dilution will kill any run up in price. Sorry but it is simply the facts.
Yes SNDY has been selling shares but a lot of people on this board are buying. And this chart tells us that someone is buying them instad of them being dumped in the open market. Booper, Muff1, Blueski, Mgergo, Pennylanepam, Vert, Elcappy1, Frazier, Ichase01, Aqua and many others including myself have been buying millions of shares since February 2012. And the chart says exactly that.
I believe when we get volume of over 750,000,000 in a weeks time we will see this price run back up like it did last year. This time if it is good news driving the price you will have more people coming into buy then before. Last years move was on news of speculation. This time it will be because of what they have achieved in obtaining the CE mark and having a company, EG, that will open up major distribution channels and can help them in getting merger deals done. Also there are many eyes watching on the sidelines to buy this stock because they know just how fast it can run. Let them buyers come in and it can run right past the .024 that was made last year. For that to happen the major longs that do own millions of shares will have to be patience and let the price run. Also last time we had our run the company was selling shares. We know now it looks like they want be selling any share until Feb. 2014. So any price movement this time should not be met with any resistance of the company selling shares.
Now we have to do our part. If we all do own a major chunk of the shares, then we own a very large amount of the float. If we don't sell on the run up then the price will have to run higher because demand will be greater then the the supply of shares available. I believe once we break the .01 mark firmly then we will loose alot of the flippers and we will see the price move quickly from there. All it will take is major news. CE Mark will be starters, then big increase in revenue, along with a merger/buyout right after CE Mark or down the road after sales revenue increase. I still say this has merger/buyout written ALL OVER IT!
Take care my friends,
Mike