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Share Volume


Gene said: "What is share volume? Is it how many shares of a stock there are in total? I would imagine with a penny stock, the share volume would be bought out very quickly if that was the case."

alhamid said: "Share volume is how many shares traded in a day. generally, you want this number to be high."

Gene said: "How many shares are there typically, of a single company? What if all of a company's shares are bought out? Is that possible?"

HappyHarry said: "Yes, they can all be bought. In that case, the company is taken over. Check out the info in the Yahoo [url=http://finance.yahoo.com/q?s=GOOG]Profiles[/url] You'll see every company has its "market cap" listed. The market cap is the amount of outstanding shares times the current share price. This is what it would take to buy the company outright."

BlackFoxTrade said: "but when buying penny stocks you need to remember that although the share volume is high (for example a penny stock priced 0.09 and the volume is 2,500,000) you still need to be careful because if the share price was higher (for example a normal stock traded @ 7.80 and that makes the volume 288,000) then the volume drops.... the best way to calculate the volume is to convert it into dollar volume (share price times the volume)"

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