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Re: avocet post# 66903

Tuesday, 05/13/2014 4:49:12 PM

Tuesday, May 13, 2014 4:49:12 PM

Post# of 80868
Since May 1, around 1,050,000 shares have traded...I honestly can't imagine much (if any) of MSLPs volume to be attributed to day trading. The liquidity is the absolute opposite of what you would be looking for as a trader.

Do you guys agree?

If that's the case, and these are purely investors bidding the price up to get in, I would think that a nice strong foundation has been formed here at $10. Avg volume was around 29,000 the past 3 months. This equates to less than 1,000,000 shares per month during that time. This would become even more meaningful if more institutions disclosed large positions...