how can a stock have volume over 2 billion and it dosn't move?
Posted by poorman on :
It depends on the amount of shares the have out. By the way this question would be better addresed on the General investing topic's board.
Posted by pick em low on :
these pennies all have too many shares outstanding, and they issue more, the price drops again, and it becomes a cycle.... did you ever see charts where the historical prices say like $1500 was the high? That's cause they reverse split it to death. Think .0001 is the lowest a stock can go? NOOOOO. They reverse split it to a penny lets say, issue more shares and it goes back down to .0001 again... check a 2 year chart on PCOR.ob for example.