Identa Corp (IDTA)

[chainma1l]

Flat out smart ass is what I'm being.
I don't find a few million out of SEVERAL BILLION shares moving significant. Bring statistics into this and it's 0% of the AS/OS/float. 29 million shares traded over the past month may seem interesting, I just don't think it is. It's not going to make anybody any real money unless there is a significant move up in pps. I just don't see that happening. If this "volume spike" was from somebody "knowing something", the volume would be multiple times what it is. I don't think it's someone accumulating on the down-low.
It's somewhat anomalic by definition, but I don't think it's significant or indicative of anything. My guess is that their profitability was noticed by a few people willing to make a very small bet.