InvestorsHub Logo
Followers 0
Posts 6
Boards Moderated 0
Alias Born 02/26/2011

Re: None

Wednesday, 03/02/2011 5:48:53 PM

Wednesday, March 02, 2011 5:48:53 PM

Post# of 129051
Trying to understand people who are claiming today's volume was low?
Yes, in comparison to last Wednesday through yesterday the stock is trading at low volumes. However, if you look at the overall average and the stocks volume history before CBIS ran up 4x last Wednesday even today's volume is nearly 10x its "normal" range.

Also, if you look at a basic stock chart you can see the past history of significant short term price shifts to the upside are followed by short technical bump ups before shares once again fall off the cliff.

I'm short CBIS short term
I'm long CBIS long term

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.