I have to agree with you there, that it certainly
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Posted On: 08/01/2019 9:04:41 AM
Re: gobears1985 #16229
I have to agree with you there, that it certainly seems like it is being held down.
But is it really?
I think (and I know nothing) that there just aren't enough Buyers to sustain a long movement upward. Most big buyers won't or can't buy a $2 stock.
It is not the flippers or traders as some like to blame. There really isn't enough volume to trade into anyway. One can get caught in a trade very easily on such low volume. Heck, if it wasn't for the traders, we probably wouldn't have any volume. It is just that not many are buying. If there were, and as we believe the float is tight, we would see a sustain movement upward.
"It won’t stay down here forever." But it could.
But, anyway, what else can one do except Hurry up and wait!
GLTA
But is it really?
I think (and I know nothing) that there just aren't enough Buyers to sustain a long movement upward. Most big buyers won't or can't buy a $2 stock.
It is not the flippers or traders as some like to blame. There really isn't enough volume to trade into anyway. One can get caught in a trade very easily on such low volume. Heck, if it wasn't for the traders, we probably wouldn't have any volume. It is just that not many are buying. If there were, and as we believe the float is tight, we would see a sustain movement upward.
"It won’t stay down here forever." But it could.
But, anyway, what else can one do except Hurry up and wait!
GLTA
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