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Re: FloridaTrader post# 5742

Tuesday, 07/10/2012 3:51:09 PM

Tuesday, July 10, 2012 3:51:09 PM

Post# of 88787
So you don’t believe the huge volume that came into HIRU last Friday had anything to do with the Share Holder Update they released the same day or was that just a coincidence? This was sitting between .0001 and .0002 for months. From .0001 to .0002 is a 100% gain. From .0002 to .0004 is another 100% gain. Of course many of the early buyers will be traders who exploit the sudden news and volume spike and flip it short term.

When/if a follow up and more tangible events following Fridays announcement emerge, there will be more pressure on the ask side as well as more buyers who will hold longer. Takes time for stocks beaten down like this to get out of this range.

Until then, this is a bashers board, at least until those .0002s get filled, IMO.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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