Trading is being halted because of price movement. NOT BECAUSE OF VOLUME.
To me it looks like there are no retail sellers. Short sellers quickly drop the price to whatever they need to create a halt. With has little volume (capital) as needed.
Investors sometimes only look at price and don't pay attention to volume. Price + volume shows you how much money is really changing hands.
They can only drop the price so far until it hits a pocket of buyers. That pocket may be around the mid 80s (not sure of course). If they try dropping to price below where the pocket of buyer are sitting they will have to massively add to their selling volume. We will see
Basically what's happened to GME except in only a single day rather than over a year.
The overall volume is 44 million shares. I am just noticing that the price drops on lower volume until it hits a pocket of demand and we get a halt.
bid ask is 95 vs 200 during this halt!
what is going on with this thing? was trading like normal but now halted again @ 92.48 with just about no volume.
Shorts can't find shares?