WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: papaphilip who wrote (9842)	3/28/2001 6:52:59 AM
From: ChrisJP	of 11130

Hi papaphillip, If you go to www.otcbb.com and check the most actives, you will discover: Total OTCBB volume is about 200M - 250M shares. Typical price of the stocks traded is .05 or less. You can conclude that about $10M - $15M changes hands on the OTCBB every day. That's not very much. Think of it as about 500 hard core OTCBB traders buying or selling $2K to $3K of OTCBB stocks every day. That's not many people and it's not much money per person. Then you figure that half the volume on the OTCBB is really Wayne, Lance, and JamesB all flipping stocks back and forth to each other <gggg>. If the current stock market bubble acts like past speculative bubbles .... ... from a day trader's perspective, the NASDAQ will become as dead as the OTCBB. Average daily volume of 1B shares or so for several months is quite possible. Regards, Chris

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