Re: Creeping Trading - The ask in LEVEL 2
in response to
by
posted on
Mar 11, 2016 02:17PM
Finally got around to picking up a few shares today. Just a $250 bet but I now have at least a little bit of "skin in the game".
Based on the volume, I am guessing that many here have averaged down to a point where there is no desire/need for a bigger position.
Is the number of shareholders of this stock known publically? It would be interesting to determine what the average breakeven point is and how many shares that represents. It also seems that the insiders are not big time investors which is a bit of a concern. Hopefully that will change at some point. I guess they are sitting on options. But how many?
Looking back over the last month the share price has been kept tightly in check it seems but the institutional holdings are certainly appear not a factor.
Thanks for any light that can be shed and good luck