US Stock MarketDetailed Quotes
PIXY ShiftPixy
- 0.8300
- +0.1275+18.15%
Close Sep 27 16:00 ET
- 0.8200
- -0.0100-1.20%
Post 20:02 ET
6.23MMarket Cap0.02P/E (TTM)
0.8460High0.7400Low219.15KVolume0.7480Open0.7025Pre Close174.32KTurnover7.97%Turnover RatioLossP/E (Static)7.50MShares49.440052wk High-0.11P/B2.28MFloat Cap0.685052wk Low--Dividend TTM2.75MShs Float1117439.7206Historical High--Div YieldTTM15.09%Amplitude0.6850Historical Low0.7950Avg Price1Lot Size
ShiftPixy Stock Forum
Sign in to post a comment
2
$ShiftPixy (PIXY.US)$ It looks like it wants to come back up, In a few hrs or even Days
1
No comment yet
Analysis
Price Target
No Data
Heat List
US
Overall
Symbol
Latest Price
% Chg
No Data
Arrayfunction : Would you mind explaining how to incorporate float volume when evaluating a stock? That's one topic I haven't come across in any formal learning material.
I know that it refers to the number of shares available for trading. I mostly haven't figured out if it can be used in the absence of confirmation bias with all the possible branches like.....
Low float -> low liquidity -> higher risk -> removes low-risk investors (obligated like fiduciaries or individual people) -> reduced demand increases volatility -> consumer base further limited -> company becomes undesirable preventing natural share value growth -> share price extremely sensitive to any trading -> outcome ultimately up to market makers vs short sellers -> technical and fundamental analysis become irrelevant -> swing trading is reduced to a game of roulette where you bet on either the market makers or short sellers.
Did I get the standard line of thought correct?
Stock_Drift OP Arrayfunction : Yes. You did. IMO.
Arrayfunction Stock_Drift OP : Thank you! I hadn't mentally spelled it out until writing my question. The way people behave around low float penny stocks suddenly makes a lot more sense!