volume, page-2

Imo good volume at these scary bargain basement prices is a good sign. This tree has been shaken alot, and imagine those sellers link the fall in the sp to a loss in faith in the company, and just want out full stop.

Noticed a while ago there was a bot trader active in Troy - encouraging the price down. Troy often trades with a largish gap between the bid and ask, the bot was always trading a tiny number of shares so the last trade was always at the lower bid price, both intraday and at the close.

Psychologically, this encourages the next trade to occur at the lower price also. When this is done constantly -over time it can have a huge impact on share prices in a bear market. I think ceased around the $1 mark.

Usually it's done to encourage the price down to where the bigger volumes are purchased. Highly unethical, but happens a lot.

If these people are behind the buying, don't like to see them profit. DYOR but logic says this is extraordinary value (though so at $1 as well).

PE