'calaban48' pid='25104' datel Wrote:
'algon223' pid='25102' datel Wrote:From a fundamental or technical viepoint any informed commentary that anyone care to offer for the quite dramatic change in volume over the past several days?
I'm no expert here, but I see it as the calm before the impending storm. Seems like there are entrenched positions on both sides, not many shares for sale and not many buyers at this price. I also believe there's a hoard of potential investors on the sidelines and they're all from Missouri -- the "Show Me" state.
Listening for deeper analysis from more senior sources.
Another idea.....There's a lurking buyer out there, big enough that shorts don't want to get in front of him until they know he's out of there. He's sucking up all the stock that comes in, has been for 2-3 days. The word gets around among the trading desks, fwiw
Other reason, news very close. Very light volume has a positive correlation with potential good news lurking
Trans.......Jr. analyst