Good Morning Dave, good too see someone else noticed the $8k buy on Jan 4th.
What happened here at least from my vantage-point is of course without NEWS, which there wasn't or hasn't been for VNDB...
One needs a set of other values too find a play.
I'm making this statement because as time goes on, I try and link what I consider ingredients into my formula for finding picks without news.
re: VNDB .0048/.0078 Nplay FYI JMO, SuperC SuperC 12/23/2011 12:52:25 PM
VNDB .009 2X 10day aver Vol. Bottom Play pennyonfire 12/07/2011 01:28:29 PM
I know you have a free subscription, but if you follow this back a few pages http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=VNDB
[try and month it's worth it
, you'll see quite an interesting flow of data...
When Pennyonfire noticed the 2x 10day Avg. Vol., on Dec 7th I'm sure there was much more too his equation that day or he wouldn't have posted just the 2x 10day. We normally post anywhere from 7 to 10x 10Day Avg Volume. More importantly, 7 to 10x when spotted and without a significant move in the PPS.
When one goes back and notices this stock was at .85c about 13 months ago. Notice the 18 month chart http://www.nasdaq.com/symbol/vndb/stock-chart?intraday=off&timeframe=18m&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off
I receive quite a few PM's in regards too my Nplay, how I spot something without news, etc. So I'll use this opportunity...
When I state Nplay, this is basically what I do without getting into detail. I may video from my desk one day the intricacies.
I'm ALWAYS looking for a new symbol in real-time. One that hasn't been played to death, one which is iHub Fresh let's call it.
But, one with unusual trading patterns
One in real-time so that I can watch how Market Makers begin too set up.
One with NO recent news, BUT... one with news values for the year.
One with an interesting business model
One with unique intellectual property
For example: If I spot something new yet news has hit within the last few weeks or even last month to me the values with recent trading activities [volume/accumulation] indicators, I won't look any further during my real-time activities.
What I'm looking for in this unique set of values, and specifically for this formula are, which needs too be 100% accurate or it does not set up for this formula...
1.) A new or fairly new iHub announced symbol
2.) Spotting in real-time, [Market Maker Activity]
3.) Like VNDB, new/fresh interesting biz-model/Intellectual Property
4.) No recent news
5.) Unusual trading activity... meaning:
a.) 10Day Average Volume 'disparity'
b.) PPS has slowing or suddenly dropped over the past few months with no indicators of foul play from management, fraud, etc.
c. ) Along with that drop over the past few months in PPS, volume has also subsided...
If one looks at VNDB or GETH, or a few others... they've both fit this pattern PERFECTLY!
If you or anyone viewing this does not have a Sub, try it.. then go back and read historical activity http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=VNDB Notice the last News Day
10 May 2011
Vendum Batteries Announces Its Industry Outlook for 2011
EL SEGUNDO, CA--(Marketwire - May 10, 2011) - Vendum Batteries (OTCBB: VNDB), a US-based battery technology development company, is pleased to announce its industry outlook for 2011. Vendum Batteries CEO Fraser Cottington said, "With a significant investment in place, we have green lights al...
Read More: http://www.vendumbatteries.com/news/328/ Notice the Historical PPS from the Last News Day: http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=VNDB
Notice overall volume, days of volume, most high days of volume, how it's arranged within low days of volume... http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=VNDB
Then from 11/21 DAILY... through 12/02 volume?
Then notice volume from 12/05 thru 12/08?
Then notice that volume 'accumulatively'
Notice the volume over a 10day Period
Then noticed how the volume has changed up too Jan 4th.
The KEY Was
* No News
* Lowering of PPS with no news since May
* Excellent Chance for Biz-Model / Intellectual Property Values Future
* 10Day Avg. Vol. Changes / Unusual Trading Activities Starting to SHAPE UP
* Not played to death on iHub
The above is a good portion in what I look for in 'real-time' during trading hours for this particular formula
Trade Well Trade Often This will be added too the iBox