posted
How come this stock has so much volume and trades but the price does not change from .0001 There are no spikes or dips yet it is being traded at higher volume than Qbid or any of the other stocks.. Do these people know something we don't?
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quote:Originally posted by waynetrades: How come this stock has so much volume and trades but the price does not change from .0001 There are no spikes or dips yet it is being traded at higher volume than Qbid or any of the other stocks.. Do these people know something we don't?
posted
Heres my take on this. Everyone talks about high volume on stocks. It just makes since to me that a stock at .0001 whould show more volume than a stock at .0027. You can buy a heck of a lot more shares at .0001 than you can at .0027. So normally the lower the price the higher the volume. Normally this is how it works. But there are always exceptions to the rule. If a stock cost .0001 for 1000 dollars you could buy 10M shares. But for .0027 you would only get 370,370. So on and so on. So really QBID could have more people buying and selling than CMKX.
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posted
Very good point. This would be a good time to include Dollar Volume in what you are looking at. This figure would take into account what you are talking about.
PAUL
quote:Originally posted by Bart: Heres my take on this. Everyone talks about high volume on stocks. It just makes since to me that a stock at .0001 whould show more volume than a stock at .0027. You can buy a heck of a lot more shares at .0001 than you can at .0027. So normally the lower the price the higher the volume. Normally this is how it works. But there are always exceptions to the rule. If a stock cost .0001 for 1000 dollars you could buy 10M shares. But for .0027 you would only get 370,370. So on and so on. So really QBID could have more people buying and selling than CMKX.
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited March 20, 2004).]
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