depending on which platform you use -- i use both the Ameritrade Mobile and Think & Swim apps -- you may see, as i do, different volume counts. i believe the reason for this is some platforms do not count the intermediate trades. iow, i think that one of those 25k trades was a transfer of shares initiated outside of the final trading house. it seems fairly obvious that neither ETrade nor ATrade have more than a meager supply, and given how dangerous naked shorting could be, i think it safe to assume (or consider) the idea of a MM having to get shares elsewhere. so depending on the way your platforms deems the trades to have taken place, the figures may differ.
as for the small prints below .20, i would not be surprised to discover these are just late traders worried they missed the run, or shareholders locking in profits, or shares, or whatever, and these traders are willing to sell low in order to guarantee the sale. the volume is reflective of not much more than that.
when demand overwhelms supply you have a run bounded only by sentiment, and it appears to me that the mood is still upbeat. we haven't as yet had a single trade here this week that wasn't above the year high coming into Monday.
btw, still haven't seen note of anyone claiming to have traded this with a brokerage other than AT or ETRF.
best of trading to ALL
rich
