Followers | 8 |
Posts | 1364 |
Boards Moderated | 0 |
Alias Born | 03/03/2005 |
Monday, May 16, 2005 4:48:17 PM
I'm starting to believe that the sellers really are gone, or at least tapering off. Like bottomfeeder said before, this is "back to normal" for us. Keep in mind, this is something like a 12 million float stock. There is no way in hell we should expect to be trading an average of 200,000+ shares/day. No way. 50,000 is more like it. I believe a big seller has been liquidiating all this while, going back a few months driving up volume in his wake. I would like to see volume stay in the 50,000-100,000 range for a while. If it does, it may be time to back up the truck.
regards,
-AB
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