For most companies, on most days not even 1 percent of the total free float shares are traded every day.
Apple has 4.33bn shares in free float, What would happen in a. hypothetical situationHypothetically, what would happen if nearly all the ownerowners of the stock stopsstopped trading those stocks and keep it in hopesthe hope that itits price will go uprise in the future or expectationsin expectation of a dividend or some other incentive.?
In this situation lets, let's say that only 100 shares are being traded every day by a bunch of traders do. Do they have absolute control over the price (Not Value) of the stock ? And canCan they drive the price of stock to insanely low/high levels ?
Most of the days we dont see even 1 percent of the total free float shares being traded everyday for most of the companies out there.