Replies to post #20964 on Identa Corp (IDTA)

[chainma1l]

Flat out smart ass is what I'm being.
I don't find a few million out of SEVERAL BILLION shares moving significant. Bring statistics into this and it's 0% of the AS/OS/float. 29 million shares traded over the past month may seem interesting, I just don't think it is. It's not going to make anybody any real money unless there is a significant move up in pps. I just don't see that happening. If this "volume spike" was from somebody "knowing something", the volume would be multiple times what it is. I don't think it's someone accumulating on the down-low.
It's somewhat anomalic by definition, but I don't think it's significant or indicative of anything. My guess is that their profitability was noticed by a few people willing to make a very small bet.

[chainma1l]

I think today's price and volume is every bit as significant as those few million share days. Down on 42k volume. Almost reinforces how insignificant or irrelevant any recent trading as been.