Thursday, November 29, 2012 10:35:42 AM
But the increase in volume is very healthy for the stock. It went up and down on very thin volume the past few months. This thicker volume and larger block trades indicated bigger buyers, and set's a new floor for the price.
If you look at where it was it really hurts, but for those who didn't have a position and are buying today and see where it just came from, it probably makes them feel very happy to pick up large share size at these prices. Last time it was here it was nearly impossible to get a few million shares.
If you are in this for the long run I suggest buying more this week and averaging in.
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