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Replies to #5167 on Top Gun Trading

The Real Titan

04/23/08 4:32 PM

#5169 RE: loadedgun #5167

Hmm... Exactly why would I like this? Its Daily Average Trading Volume is at 35K shares, which doesn't exactly scream excitement.

Today it only traded 5K shares and for a .01 pps thats kind of lame.

If we look at the charts we find the MFI well into overbought territory, which is nowhere near where we would look to buy. And the RSI is still sharply trending down.

So.... what is it we'd like about it?