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Re: NOBO post# 32724

Thursday, 04/09/2009 2:27:24 PM

Thursday, April 09, 2009 2:27:24 PM

Post# of 343954
I agree although I tend to disregard that statistic at these price levels because they use end of day data and there are a lot of "paint jobs." I don't know if that's the case here, but to make that statistic accurate you have to keep track of daily information, such as that found on the "trades" page here. I do that sometimes but it's very time consuming. One example I'll give is IMDS which last year had a day where it traded 10X average volume, all down, then closed up on the day with a $14 dollar trade. Using daily figures that looks like a huge up day when it was actually the reverse. Feel free to delete this if you think it's o/t.

My posts are my opinion. Try not to be influenced by anything you read on any message board website unless you can confirm it.