I'm asking more so what factors may change a share price, just an example of one of the things I've seen.. If the whole volume of trades in the company is a positive or negative reflection on the SP.. without any company announcements.
Cheers.
saturday night in a chat room.....lulz on me
repeat this to yourself forever: what is the point of the (stock code) auction today and this week and this month and this year?
you need to always be in balance with your own knowledge, that is, the
extent of your knowledge and the only way for you to achieve that balance is by asking non self-sentiment questions, in other words, to first balance out your own bias, your own sentiment, towards the thing you are interested in (a stock code)
you must ask the questions about the trade process and elocute what's happening
this should bring you back to the basic question of what is driving
both sides of the price and you can only do this when you fully understand the nature of
that particular auction, the phase it is going thru, the type of traders who in the buy-side and the type of traders who are in the sell-side, asking; what are their intentions and where is the evidence that reflects your conclusions.....this maybe far more valuable than the company or it's product/service....i say it is, in reality, far more influential than what the company does or produces.....
which still brings you back the basic question of
makes an auction?.....
if you get any instant-soup answers to your questions, the odds are extremely high that next time around the auction ball-game has shifted but you wont know the right question to ask so you'll make an honest bet thinking youre getting honest odds and while the volumes can look similar and the company appears similar it is the auction process itself that carries the clues.....
there's a fake shoulder drop in every trade.....
low volume stocks can very quickly be assisted to elevate, the news comes out, it's good news, the stock price plummets south.....the people who needed to turn over their liquidity did what they needed to do and are now exiting the stock on the day prior to the news during the blow-out phase when all the tiny money just had to get in....in some instances they are simply churning their liquidity to create a range...price goes from 3c to 8c pre news, news releases, price plummets to 4c, tiny accounts chased up the price and bought all the supply the major money no longer wants, everyones happy.....erm......err.....the company does a cap raise, tiny accounts lose faith and start selling, easy supply for major money, a new announcment comes out, up we go again, major money sells the tiny money ('i-knew-i-shoulda-held-on') pressure on price is not as severe second time around, price treads water and gradually the tiny money hangs on for months and months while price drifts around in a small range and slowly deteriorates until a new news phase comes up...by this time a cupla years may have gone by....
there are a trillion stories in the goolash .....