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Re: jamesnhansen post# 35998

Wednesday, 03/10/2021 10:56:35 AM

Wednesday, March 10, 2021 10:56:35 AM

Post# of 43812
The "Bleached Tape" Indicator for Leaking P3 Results?

I investigated the trading activity of several biotech stocks in the weeks and days prior to enormous price jumps. I was looking for anything that would indicate trading on inside information. Nothing looked suspicious.

One thing I did notice:

For a few stocks, volume dried up significantly in the two days prior to the announcement. Could it be that sophisticated active traders DO get inside information and STOP their normal trading activity? "Biotechs always leak," says maverick35... But what does that look like on the tape? ...in these days of AI-based market surveilance?

Yesterday's volume was the lowest in a couple months. Today: Well... pretty darn low so far.

IF tomorrow is the day, chalk up another win for the Bleached Tape indicator.

Irrespective, if Bleached Tape successfully predicts 27 of the next three massive price moves, it still might be valuable.

We will know in the fullness of time.

One more thing:

I'm just learning this InvestorHub software. Holy moly, some of you posters have been here for years. We need to re-edit the Bible and replace the book of Job with this Board. Sheesh.

Cheers from Oregon.

Jim

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