Tuesday, July 20, 2010 4:06:46 PM
For those who keep saying that there is dumping going on with any news, this chart does not appear to support that view.
I took the trading volume data for LCRE from Google Finance, and the News release dates from this board's LCRE news section, and put them in an Excel chart.
Days with news released get values of 1 in the bar graph that is superimposed on the daily volume data.
If there were strong correlations between positive news and and OS expansion or dumping, then the pink bars should match the daily volume peaks. Judge for yourself:
If anybody can get the PPS data, I shall be happy to do the same for that. (Google Finance does not report beyond the 0.00 digits, so the data there are useless).
I took the trading volume data for LCRE from Google Finance, and the News release dates from this board's LCRE news section, and put them in an Excel chart.
Days with news released get values of 1 in the bar graph that is superimposed on the daily volume data.
If there were strong correlations between positive news and and OS expansion or dumping, then the pink bars should match the daily volume peaks. Judge for yourself:
If anybody can get the PPS data, I shall be happy to do the same for that. (Google Finance does not report beyond the 0.00 digits, so the data there are useless).
"The difference between genius and stupidity is: genius has its limits."
- Albert Einstein
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