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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Thomas George Warner who wrote (3205)6/16/1998 4:50:00 PM
From: David A. Irvine  Read Replies (2) of 8879
 
TGW,
In my experience, one should not be worried when the price drops on little volume. One should be worried when the price drops on *large* volume - that means everyone is selling. Price drops on little volume are common and normal for BB stocks, and are usually the result of MMs walking down the bid and ask for no fundamental reason. The bid and ask usually will recover from these small drops with little problem.

Cheers,
Dave

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Notice that the volume is drastically down and the price is still dropping. Will one of the experienced analysts that monitor SI please comment on what it means? Average daily volume is 1.8M shares, volume at 1:00 was about 170K.
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