Wednesday, February 01, 2012 12:47:19 PM
your comparison percentage wise in volume shows a big difference of around 30 plus percentage points.......but when its just an extra 2 grand or 3 grand above average i personally would dismiss it.
looking at fep rising to new highs on low volume would make me think a pump and dump might be in effect by the market maker...........but this AIM stock is so thinly traded to begin with that small amounts of buying bring the price back up....maybe justifiably....like a bookmaker adjusting the pointspread influenced by just a few gamblers on a game nobody is watching......I dont think i can ever rely much on the current technical analysis in fep unless we see record volume again associated with big upswings in price.
the current events are putting aside some of the fear associated with the china threat.............A china conclusion of agreement in sc72 claims belonging to the philipines would be the best news followed with a very favorable 3d summary.....might bring the stock up to around 10 to 12 cents............a partner anouncement after drilling the first well could bring us well above 20 cents
jmo glta
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