I think you got that right.

Right now, though the % gain or loss on small price swings is relatively large, it is more difficult for day trader types to get into and out of the stock on very short term time lines. They would need to see Volumes up in the high single digit millions to even consider allowing their cash to be tied up in SPQ. And it is because of the relatively large quantity of Bids and Asks on the board at present that they would be more challenged in playing the daily swings when there is no news put into the market. As for playing the stock after news is out they would have to work hard to get the rapid volatility that makes playing the stock worth their while. They could very well make a go of it if they acter more like the Manipulators and be willing to short the stock big time to push it down shortly after news is out, but the record od OUTSTANDING SHORTS does now show there being very much of the Shorting activity happpening to SPQ stock. And once again, the manipulators could benefit now if the Share Structure cut back and the Share Float made much tighter. Consequently, I see the current large Share Float as a net benefit for true Long Term Investors anywhich way you want to cut it.

Old Joe

PS: Irrelevant extraneous examples are NOT a good ploy to put up against better informed INVESTORS. The Hustle Bullies can feed off other poorly informed Pseudo Investors, but NOT better equiped real Investors!