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  4. Verb Technology Company, Inc (VERB) Message Board

I suspect you are right that new investors came in

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Post# of 33005
(Total Views: 445)
Posted On: 06/19/2019 5:09:56 PM
Posted By: fred20155
Re: redspeed #15718
I suspect you are right that new investors came in today. Hopefully they did flush out some of the traders, as I agree with your logic that true longs who bought in the last year would not have sold at these low prices, knowing all that is coming. The volume was the largest it has been lately so that was significant too, much larger than the last two days, which is always a good sign on a significant percentage increase. I have no doubt the future holds more days like this. Especially keeping in mind it would now take a smaller percentage change to produce the same price change. Certainly the 8K/A caught people’s attention and hopefully some institutional buyers were waiting for it and jumped in today. Given the volume I would think that seems quite possible that is what happened. If so that is good as they should be stronger hands who will not trade the stock anytime soon.

It is all very encouraging, not just the price action, but other things noted here lately which show signs of great progress to date and strong growth ahead by anyone “reading the tea leaves”. We all know 2Q is going to be even better when its report comes out.


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