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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: KevinMark who wrote (77064)2/18/2000 1:04:00 PM
From: If only I'd held  Read Replies (1) of 108040
 
Ok, I'm a little confused... Wasn't TCLN facing bankruptcy? The stock has traded 18 million shares and the float is enourmous. These traders are trading for 1/16ths. Why do these huge float stocks get so much volume, and the smaller float stocks which could run enourmously on that type of volume don't get the volume? Where does all this volume come from? You would think traders would be more interested in trading stocks like HMGN, TRGA, AVAN, etc...because the potential for substantial moves is so much greater. Yet, they trade themselves silly on something like TCLN for a lousy 1/16th or an 1/8th of a point. The damn brokers are making all the money on them stocks. I'll tell you what, you hit HMGN with 18 million shares volume and it'll go thru 10, TRGA would go thru 30 on that kind of volume. Just seems silly.
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