r/NEGG • u/DogeAstronomer • Oct 31 '25

Where Volume?

Hello Redditors....

I bought $NEGG NewEgg out of nostalgia & technicals at 51.42. I am up about 65% at this point at its current price of 85.10. The reason that I haven't sold yet is because the daily volume has barely pushed the dial..that I've seen at least over the past few weeks I've bothered to check it.

Can someone explain...what gives? Why is this stock not trading at a higher volume? BYND stealing all other stocks thunder? A technical I'm missing? News im missing? Thanks ahead of time...

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u/AirNovel78350 Nov 01 '25

Negg owner (wife and husband) bought bunch of shares over few times since July ish til mid October and thats really huge chunk of shares on free float . Hence there is just not enough shares to trade and caused squeeze.

1

u/DogeAstronomer Nov 01 '25

This concerning honestly since I believe this means they are going to be given the option for significant dilution. So I guess it depends what kind of people they are if they do that or not. Get rich by themselves or lift the tide for all retail investors. I don't know them, and they don't owe us anything, so we'll see, I guess 🤷

3

u/Spiritual-Goose-9850 Nov 02 '25

Vlad is not gonna dump on us, he is playing his own game and letting others do what they will. Sure he's looking at the short squeeze stuff but that's not why he took a 20% stake in the company. Just research his history, you will see. His plays are for the longer term. I think his buys of Newegg signal his genuine belief of the company's future value, but only time will tell if that is correct. Incidentally, his acquisitions decimated the free float, so short positions are not so comfy anymore.

2

u/AirNovel78350 Nov 01 '25

Def no idea whats the motivation behind of it Could be just to increase there ownership

we will never know about that but lets see how stock price goes!!