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Tuesday, May 11, 2010 8:46:25 AM
has largely been negative from mid or late October 2009 to April 2010 when it became positive. This can normally be expected in December when retail buyers are making tax decisions, but this activity is prolonged. I have not read their financial reports but would estimate a financier has gotten involved with the company in the later portion of 2009. This would explain the lengthy negative volume. The important thing now, is it (volume) has turned positive in trend and that news is probable.
I discussed the probability of selling occuring in my last post as price has reached a general elevation of 100% gains. Once these participants are gone, the trend should continue. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3734670
Good luck to all
mg
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