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S&P 500
5,469.74
(
-0.15%
)
US TECH 100
19,240.80
(
0.14%
)
Dow Jones
39,186.49
(
0.15%
)
Brent Oil
85.36
(
1.05%
)
Bitcoin
61,471.33
(
1.09%
)
Post# of 74729
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budmgd

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budmgd

Re: HIS MONEY post# 32253

Thursday, 05/24/2012 5:58:41 PM

Thursday, May 24, 2012 5:58:41 PM

Post# of 74729
Ok..So I am truly not an expert here. But as far as all the conspiracy theories go about this volume, consider this. If my math is correct, take the last 4 days volume and multiply times average share price over those days. My calculator says around $715,000 in dollars has changed hands. While sure this volume is abnormal for this stock, the dollar amount is really not that large. Could this not just be hyper trading by a larger than normal number of traders? Just wondering.....
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