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Monday, November 29, 2010 12:23:46 PM
Interesting data from the start of the downtrend to reversal:
Month # shares traded Approx. price range
Jan. 255,906,754 .012 - .015
Feb. 136,860,845 .0105 - .012
Mar. 103,415,597 .01 - .011
Apr. 76,046,810 .011 - .0125
May 46,290,625 .01 - .011
Jun. 119,623,534 .008 - .01
Jul. 81,113,558 .006 - .008
Aug. 119,969,599 .005 - .006
Sept. 103,342,438 .0035 - .005
Oct. 77,275,354 .003 - .0035 (a few in the .002)
These numbers through October shows:
1,086,852,060 billion shares traded this year
618,520,631 million traded over .01 (approx.)
200,737,101 million traded between .006 - .01 (approx.)
119,969,599 million traded between .005 - .006 (approx.)
103,342,438 million traded between .0035 - .005 (approx.)
77,275,354 million traded between .003 -.0035 (a few in the .002)
Given this years trading range vs. volume I believe the accumulation at higher levels will lead to a great move given the right catalyst. JMO
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