posted
Everyone's golfing or swimming for the 4th. The MM's are going to have a field day today with the low volume. I am not going to expect the volume to pick back up considerabely until probably the 12th. Hang tight for the next week. Go Luck to All.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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quote:Originally posted by Leardron: Everyone's golfing or swimming for the 4th. The MM's are going to have a field day today with the low volume. I am not going to expect the volume to pick back up considerabely until probably the 12th. Hang tight for the next week. Go Luck to All.
Do penny stocks tend to go down on low volume days or before a 3 day weekend?
quote:Originally posted by Breezer: Do penny stocks tend to go down on low volume days or before a 3 day weekend?
The volume has been slow all week and yes, when the volume is low they tend to go down a little due to MM manipulation (not all of them but a majority). The 4th just happens to be the worst Holiday of the year because it is the biggest Holiday for people taking vacation and traveling.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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posted
Today should be pretty crazy. The last trading day before a holiday weekend usually is. With the average investor not checking in on the market, stocks will be manipulated. Daytraders also do not like holding positions over a 3 day weekend. Look for a sell off this afternoon.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Man no joke low volume. VRMD hasn't traded yet today. Great time to get in IMO with dividend coming in August. Take a peak. GLTU"S"A. Latah'.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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