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Microcap & Penny Stocks : Stateside's Canadian Microcap Board
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To: kidl who wrote (1350)11/19/2015 4:47:55 PM
From: madmax123  Read Replies (1) of 1728
 
do you think that any 0.05 paper is left, other than in stronger hands such as yours? The reason I ask is because I added up the volume from January 6, 2015 which is when the price dropped below 0.06 until May 20 which was the last day before the jump to 0.075. 32.2 million shares traded in that period of time, and since May 21 until now, 97.8 million shares traded hands.

Or is it that you assume any selling it all happening right now in advance of the deal closing could only be from people who are still sitting on gains therefore from the much lower prices at the beginning of the year?

I fully acknowledge that the significance of those numbers could be nothing or it could be meaningful and I just don't know what it means for 3 times the volume to churn through since the price jump. the statistician in me suggests there is no significance. By the way, I'm not a statistician.
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