Re: I Hope!/and further yixter/Poly
in response to
by
posted on
Mar 31, 2008 06:26PM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
Not really.... back at you. Your opinion.... my opinion.
I don't see what point you're trying to make. It was only higher volume today, not high volume bearing in mind it's sp. You have to look at the two in tandem. A day volume of 5000 shares at seems small until you find out it's sp is $1000. SPQ's 4mil at .105 to .115 doesn't quite equate does it? Today's volume still only amounts to pennies. When it flies at 20 mil or more then you'll be talking volume, a bit of money and real belief in this stocks potential. You'll see high volume comparable to NOT if and when they strike. According to posts from J.D. and Snug, shares outstanding don't mean anything. (If you want to factor it into my math, Ok, that makes their volume today double the 80 odd thousand shares I calculated in relation to NOT.... still chicken feed.) Obviously the latter has to be qualified to an extent. It will certainly moderate the sp but a great strike will rocket the volume and sp. All who have been able to buy the tens of thousands of shares because of the cheap price will be able to do as well perhaps as they have with NOT, owing to the shear volume of shares they hold. It is what everyone is waiting for. It is when the manipulators will let it go for they also know it is a loaded spring with many waiting to profit from this seemingly eternal low sp. ....not to mention those keeping their eye on a very low sp waiting for it to show signs of movement before they jump. It would be the stock voted most likely to yield the highest profits in the short term owing to it's low sp and it's land holdings.
"Not really.You have to consider average trading volumes and SPQ is always higher than Noront, partially because of low cost to buy shares but also SPQ has more shares outstanding. It was a high volume day for SPQ with a large order or two pushing it higher that otherwise would have been. "