On any other exchange I would agree with you bobba loo, and I do not disagree, I just think we cannot be sure. On the Pink Sheets exchange, the volume is very thin and the price is volatile. The stock price and volume can move erratically on any given day. It could go down into triple digits on any day, or on that same day it could go to 50 cents or higher, its a completely whacky market and no one can really ever know if all the reported volume each day is all from unique traders buying and selling. Sometimes one or a few crony participants like to control these stocks, producing daily artificial volume and just letting one of their computer algorithms play with it based on a pre-determined scheme to play psyche games with investors and traders. For instance even if 10M shares trade, we cannot know if there were 10 participants who each traded about 1M shares between each other or 3 traders, 2 of whom bought a couple hundred thousand shares and the other participant perhaps was a huge hedge fund buying and selling to itself in multiple accounts to produce 9M shares traded at various price points. Who knows what is really happening behind the scenes. I think the greater the volume, the truer the price movements, on average, usually. So I think for RFMK, if greater than 10% of the stock traded then we could get a better fix on the real true price action, that would mean that roughly 100M shares would have to trade intraday, which would be very large volume for the stock, especially on a T4T. This is why it would be best for RFMK to get off of the Pink Sheets exchange and go to a more efficient more fair more transparent exchange like the OTCBB. Whatever happens, I think the ones who control the stock, for now, will probably keep it fluctuating above and below the 200 day moving average until they get forceably pushed out of that range by larger volume accumulation (getting run over). To many of the larger players, they dont even know what they trade but they use it only as a stock vehicle for day trading so as to manipulate smaller players coming in to snap up a few shares. If you buy 100k shares, they short your 100k and then minutes later buy and sell 1M "shares" to themselves to print a lower price, rinse/repeat. This even happens on a larger scale on the bigger exchanges in multi Billion dollar cap companies. Only thing small investors can do is slowly accumulate over a long period of time and just be patient and do not get churned up and chopped up by the volatile action.
GLTY
$RFMK!
