Silver Dragon Resources Inc. (fka SDRG)

[Garyst]

SDRG is a low float play and with such we won't see that type of volume. Looking at the volume chart in the past months it looks like around 6 million was tops. Each one of the 3 pullbacks were higher lows each time from July to the present and each spike up from that time period is to a higher high and now if we move into the upper 04's that'll make the 3rd spike upward and we'll be 3 for 3 on higher highs each time. Trading 300k and 500k daily isn't a bad thing and percentage wise it would be the equivalent to a stock trading 15 million shares but having a float much higher than here with SDRG. Here we have a lower float thus we have lower daily volume.

I guess in my mind I'll take 6 days of Green in a row (or 5) and be content with that at this point. Maybe others don't think like me. I certainly would rather have that than 5-6 days negative and be trading in the 02's.