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micanwait

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micanwait

Re: Don'tDrinkTheKoolAid post# 42564

Tuesday, 12/24/2013 7:39:10 AM

Tuesday, December 24, 2013 7:39:10 AM

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"The float has traded 1.58x in the past 2 trading sessions. That means all the shares have been bought and sold between fridays low and high and todays low and high"

No, it doesn't. It just means that many of the same shares have been bought and sold over and over again. That is how computer algos do their business.
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