Just to highlight the stock volume on the US OTC exchange for BPRMF.Scanning back over the past year, prior to Ethan/Chris bringing it to the board and starting the discussion/analysis here on Mon, 7/13, the volume would typically be between 1000 and 10,000 shares/day with spikes toward 20K maybe once/week on average, and now and again up to maybe 40K on a random day.That all changed on July 10th (last Fri), when volume went up by an order of magnitude to 143,000 shares (Ethan? 😉), and has been above that since, to today, where it's already at 250,000 not even 2 hours into the trading day. Here's a table of the volume for the last 10 trading days for BPRMF. Date VolumeJul 16, 2020 251,250Jul 15, 2020 126,389Jul 14, 2020 124,440Jul 13, 2020 183,334Jul 10, 2020 143,490Jul 09, 2020 31,363Jul 08, 2020 24,588Jul 07, 2020 4,580Jul 06, 2020 5,548Jul 02, 2020 2,603That's a 100-fold increase! I assume this spike might also draw attention to this stock from some momentum traders that look for that kind of thing.The share price has bounced around during those 10 days, basically between $14 and $16, but not consistently up or down, for instance, up yesterday, down today (so far). Will be curious to see if volume stays high and if so, for how long. If this volume spike was caused by this board's members buying in to BPRMF, I would have thought the price would have mostly spiked up during this time, but not the case, so I'm not sure what to make of that. Maybe someone with more experience analyzing smaller companies and how they react to large trading volume increases may be able to shed some light on this. Maybe because the number of shares traded here are a small portion of the shares trading on the London exchange (PRSM)?Anyway, I thought it interesting, hopefully others do, too, if not just a warning that if you thought other stocks we hold can be volatile, Blue Prism may show us what real volatility can be. If you've bought in here, hopefully you have a strong stomach and risk tolerance, I could see this one moving 10% or more up or down every day.Disclosure: I have a 1-2% BPRMF position currently.
Date VolumeJul 16, 2020 251,250Jul 15, 2020 126,389Jul 14, 2020 124,440Jul 13, 2020 183,334Jul 10, 2020 143,490Jul 09, 2020 31,363Jul 08, 2020 24,588Jul 07, 2020 4,580Jul 06, 2020 5,548Jul 02, 2020 2,603
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