Does volume predict stock price? "If a stock wi
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Posted On: 07/11/2022 6:42:09 PM
Does volume predict stock price?
"If a stock with a high trading volume is rising, it means there is buying pressure, as investor demand pushes the stock to higher and higher prices.
What does it mean when there is little volume?
Stuck Longs???
Avg. MONI Volume: 3,431,195 for the last year which translates to chump change.
Today's MONI Volume: 1,321,689 translates to seat cushion change
The daily volume reflects an empty OTC Pink Shell being propped up. All the LIVE websites in the world isn't going to change that.
Need a great business plan, stellar leadership, BOD, marketing plan, funding oh and a product that is in demand and unique to the market place.
Does MONI have all of those? NO
If I want to Crypto card today that is dropping in value, I have plenty of choices already as long as the rest don't go out of business or drop the gift business because there is no money in it. Remember, gifting was hot when Crypto was going up like crazy. Not now. MONI still at the station and the train left a long time ago.
Maybe time for one of those 'corporate updates' from MONI. Hard to wait another two weeks for another tweet.
"If a stock with a high trading volume is rising, it means there is buying pressure, as investor demand pushes the stock to higher and higher prices.
What does it mean when there is little volume?
Stuck Longs???
Avg. MONI Volume: 3,431,195 for the last year which translates to chump change.
Today's MONI Volume: 1,321,689 translates to seat cushion change
The daily volume reflects an empty OTC Pink Shell being propped up. All the LIVE websites in the world isn't going to change that.
Need a great business plan, stellar leadership, BOD, marketing plan, funding oh and a product that is in demand and unique to the market place.
Does MONI have all of those? NO
If I want to Crypto card today that is dropping in value, I have plenty of choices already as long as the rest don't go out of business or drop the gift business because there is no money in it. Remember, gifting was hot when Crypto was going up like crazy. Not now. MONI still at the station and the train left a long time ago.
Maybe time for one of those 'corporate updates' from MONI. Hard to wait another two weeks for another tweet.
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