PharmaCyte Biotech Inc (PMCB)

[ace1234]

Volume is low, but that can be considered a good thing. Average volume is much higher. Logic dictates that eventually the volume will increase and exceed the average threshold which in turn will result in drastic price increases, or decreases, however in our case we can safely assume the former.

So that day awaits and the lower the volume is below that average the greater the likelihood of seeing large volume the following days.

That's my own personal theory, but it has proven a good indicator of when to buy and sell.

Abnormal volume a few days in a row with big gains is a great indicator of selling, unless you are aware of other factors that you've taken into account. It works mostly for short term stocks. Long term I just use it to predict possible changes in volatility. While not always true in the stock market this rule can be applied (with a grain of salt), what goes up must come down, when applied to volume.

Always take into account other factors when looking at volume. If nothing is on the horizon then volume is a perfect indicator for where the stock is going short term.

However, we are sitting here going LONG.

All I can say, with recent developments is that we will see that spike in volume, being above average, when we hear news of meeting and trials starting.

From that point a new set point average will establish itself.