Friday, January 20, 2012 8:58:05 PM
I will concede that in comparison to its daily volume it has jumped 7 fold......but its only impressive when you see a bug chunk of cash... not something a middle class person can just take a decent position in.... could be joe and his brother bob both put in ten grand each......no big deal really.
i'd like to see 5% of the shares traded..........so at give or take a 10 million dollar market cap its only fair to expect 500 thousand dollars traded at this price.......and a million dollars to show some serious buying....a 10% buyback would represent 1,000,000 dollars.....25 or 30 grand is a far cry from 500,000...............if it continues to multiply its volume consecutively for 3 to 4 days then maybe its finally a sign of institutional buying.
glta
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