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Average trading volume is 346 shares. It’s pretty easy to manipulate the stock price when only a few people are trading.
by jdavis703 6y ago
Average trading volume is 346 shares. It’s pretty easy to manipulate the stock price when only a few people are trading.
- graeme 6y agoWhich would mean, at current market price of $13.50, $4671 a day is traded.
- nrmitchi 6y ago""" Hey buddy, I’ll sell ya 100 shares of my company, which has 100M shares outstanding, for $1/piece. Sound good? Sweet! I’m now a centi-millionaire!! """
- huac 6y agoThis is the simplest and probably correct explanation. I'm sure there are others out there too. Of course volume today is off the hook, lol
- perl4ever 6y agoCall it art! "In her first solo art exhibition at New York City’s 303 Gallery, Meyohas traded stocks on the New York Stock Exchange then, in real time, drew the changes in the stock’s valuation with oil stick on blank canvases throughout the gallery." https://en.wikipedia.org/wiki/Sarah_Meyohas https://en.wikipedia.org/wiki/Sarah_Meyohas