This mornings volume is off the charts!
1M shares have changed hands in the first hour of the day.
is hard to comprehend that sales levels of this magnitude have virtually no impact on the trading price of this stock.
I would love to have an understanding of how this happens.
What ever happenned to the laws of supply and demand?
Can anyone on this board share an answer other than that IFFCO is accumulating shares. Ultimately, even IFFCO is buying from somebody. What is the motivation to sell a stock like this for 6o cents per share.
I for one will be glad when this symbol moves off of the bulletin boards.
Please share your thoughts ...