A 50 million share trading day will take care of a
Post# of 86984
(Total Views: 830)
Posted On: 12/12/2019 10:21:49 PM
Re: Almost A Myth #17622
A 50 million share trading day will take care of all the blocks that are sitting at various prices on the Ask from .05 to $4
The amount of money available in the stock market every day for trading is beyond our comprehension.
Today Costco (COST) traded 2,754,453 shares at an average price of $294 = $809,809,182 (Yes $809 million dollars in 1 stock !!)
Today our friend MRK, traded 6,549,616 shares @ $89 (average) = $582,915,824
There is a huge amount of money in Hedge Funds just waiting for UNVC to go current with PR's and break above $5
There are traders in MRK who are just waiting for UNVC !!
This idea that the big walls on the Ask will "cause huge panic selling into the bids" is a sticky pinky penny stock mentality (where there is huge manipulation - most of which is illegal) and not the Big Board Understanding of how Big Board stocks trade in my opinion.
There is so much money just waiting for a profitable Cannabis Company.
MRMD, HRVSF and TLRY are losing millions of dollars every quarter. TLRY just borrowed $225,000,000 to stay in business. [TLRY from a high of $300 is now trading at $18.93, MRMD from a high of $5.80 is now trading at 0.625 and HRVSF from a high of $10.80 is now trading at $2.37]]
Traders have taken a huge beating on the Cannabis Stocks that are all losing huge amounts of money, whereas UNVC will be HUGELY PROFITABLE from Day 1 !!
UNVC is an extremely profitable Conglomerate !!
This is all my opinion of how I understand what is about to happen !!
Have a great weekend,
The amount of money available in the stock market every day for trading is beyond our comprehension.
Today Costco (COST) traded 2,754,453 shares at an average price of $294 = $809,809,182 (Yes $809 million dollars in 1 stock !!)
Today our friend MRK, traded 6,549,616 shares @ $89 (average) = $582,915,824
There is a huge amount of money in Hedge Funds just waiting for UNVC to go current with PR's and break above $5
There are traders in MRK who are just waiting for UNVC !!
This idea that the big walls on the Ask will "cause huge panic selling into the bids" is a sticky pinky penny stock mentality (where there is huge manipulation - most of which is illegal) and not the Big Board Understanding of how Big Board stocks trade in my opinion.
There is so much money just waiting for a profitable Cannabis Company.
MRMD, HRVSF and TLRY are losing millions of dollars every quarter. TLRY just borrowed $225,000,000 to stay in business. [TLRY from a high of $300 is now trading at $18.93, MRMD from a high of $5.80 is now trading at 0.625 and HRVSF from a high of $10.80 is now trading at $2.37]]
Traders have taken a huge beating on the Cannabis Stocks that are all losing huge amounts of money, whereas UNVC will be HUGELY PROFITABLE from Day 1 !!
UNVC is an extremely profitable Conglomerate !!
This is all my opinion of how I understand what is about to happen !!
Have a great weekend,
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