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Liquidity is improving in this stock faster than I had hoped. Average volume has gone up from 250k shares a day to 500k shares a day in just a couple of weeks.
Last week I held roughly 25,000 shares of this stock and couldn't get a 7k block sell order to execute at the published price. Not enough liquidity or demand with only 250k shares per day being traded. This week interest in this stock is way up. Daily volume is now 500k shares per day. Much greater demand and liquidity. As an experament, yesterday I placed a sell limit order of 7k shares I bought at .68 to sell at .74. The trade executed in about fifteen minutes. That's a really good sign. I'm holding 16.5k shares right now. That's enough for now until there's more liquidity. Once there's 1 mil shares a day of average trading volume in this stock, which I think could happen in three to four weeks, I'll be confident enough in the liquidity and depth of the demand to back up the truck and make a big buy. Then I'll just kick back on my hammock, enjoy my Bud Light Lime and let Gary Evans do his thing!!!! Sentiment : Strong Buy Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Liquidity Improving
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billglueck | Not rated | 12-Jun-09 11:33 am | ||
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million shares a day trading volume in 3 to 4 week...
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blaineson3 | Rate it | 12-Jun-09 12:18 pm | ||
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Sorry you're short the stock and losing your ...
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billglueck | Rate it | 12-Jun-09 04:08 pm | ||
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Here's a lesson of the day for you bill....
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okie1doekie | Rate it | 15-Jun-09 02:52 pm | ||
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Oakie,
I just watch the volume e...
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billglueck | Rate it | 15-Jun-09 05:49 pm | ||
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Bill, I don't understand why you feel you can't bu...
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Slabman1 | Rate it | 15-Jun-09 06:56 pm | ||
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Oh man, sure glad we got to that million shares a ...
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blaineson3 | Rate it | 30-Jun-09 11:28 am |
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