InvestorsHub Logo
Followers 20
Posts 1390
Boards Moderated 0
Alias Born 06/16/2004

Re: oltimer post# 7104

Thursday, 04/14/2011 2:23:39 PM

Thursday, April 14, 2011 2:23:39 PM

Post# of 9963
You have to ignore price per share swings on low dollar volume. It doesn't mean anything. People open and close out positions all the time. And when only $25K or so changes hands in a day it could simply be one trader controlling or manipulating the share price.

Now if this was up or down substantially on volume of say 500M to 700M shares or more, then that would indicate to me that perhaps something real is going on behind the scenes, not just someone trying to paint the tape.

Just my humble opinion.

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.