These stocks that have billions of shares in issue have nothing to do with valuation, assets or market cap
It boils down to one thing only...liquidity
I will bet that at least 50% of the people trading 88e or MAY or similar stocks have no idea what the market cap is or what they even do for that matter
They just see volume...and then it simply becomes a plaything between traders...people just placing bets that they will be on the right side on the buy or sell queue at any give time
If you see it that way, it won't do your head in
MAY Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
