I was looking at a low float stock which traded on high relative green volume candle and yet the price barely moved. I think about .05 to .06 cents. If a low float stock has a sudden influx of buyers why wouldnt the price go soaring high? Is it because no one is really selling the stock?
Why does a low float stock with a high volume trading day not move much in price?
- Thread starter cashclay
- Start date
Likely sellers were as eager to sell as buyers were to buy.
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Another possibility on a stock with less that 1 million av day volume;
SEC investigates for years+ its the start of of a big sell off.So one days worth of buyers was a fake move/end of move, known in hindsight
Actual insurance stock example but dont want to name names......Check the news