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Re: notanindex post# 16350

Monday, 01/11/2010 3:24:09 PM

Monday, January 11, 2010 3:24:09 PM

Post# of 19552
The Volume on Friday January 8, 2010 was a little over 300K Shares traded. In total Dollars it's not much (approx. 15,000). Proportion to shares Outstanding is a different issue (we don't know how many shares are outstanding for sure, right?) We need an Official Report of Outstanding Shares.

For future reference, if the Volume is less than 1/2 Million Shares traded in one day followed by not much trading the Next Trading Day (or Profit Taking the Next Day), then we can guess that someone just wanted to by a small chunk of shares for future gains, is accumulating at a limit price (just making a quick short term trade to buy and take a quick short term profit).

We're looking at "Small Potatoes" right now. We have yet to see Volume reach over 500K, and for more than one day in a row. If we see the Stock Consistently Trade at Volume over 500K for a few days or more, and Hold at the Appreciated Price, for about a Month or more, then we know that this Stock is being taken seriously, otherwise, it's no more than a dream.