Jacksoo,
I haven't been keeping count. I just watch it every day. Today, for example, 12,800 shares traded in two trades. The first 8,000 was at the ask, and the second 4,800 was at the bid. Yet, ironically, the bid dropped a penny, down to 12 cents, although no shares traded there.
And yet just a few days ago, during an entire day, 70,000 shares traded at the bid of .125 cents, with nothing at the ask, and yet the stock didn't budge. 4,800 shares at the bid dropped it a penny, and yet 70,000 shares at the bid didn't move it at all? I smell buying. Of course, the old nozzola has been know to be wrong before.
Have you noticed how the stock will be active for a couple of days with more than 50,000 shares traded, and then it will be almost dead?
Kind of as though "they" are waiting for selling to begin? But hardly any selling begins either. For some weird reason, most of us seem to be holding onto our shares.
If I'm right about the accumulation, then QTNT will begin to go up very soon. And if I'm wrong, then it won't.
Juanita |
