Where To Find Certainties --Stock Trading Analysis (17)
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Here is a question that I have yet to have answered by any analyst: Can you explain or perhaps offer an educated guess as to why or how SGAL has gone from .01 to $75 as of 25 Nov 08 at 11:11 am EST? This is quite puzzling but proving to providing me with astronomical profits.
Nicole191919191919 3 years ago
I'm not an analyst but I can give a good guess.
SGAL went from $35 to $75, not from .01 as you said. The volume is only 564 which is minute compared to other stocks. I think this company is minute too in comparison with others.
This means one person can bring the price up in one transaction. He can bring it to a million dollars if he wants, and to one dollar the next day.
Go ahead if you want to play with this company. I won't.
stockfessor 3 years ago