big volume yesterday, little volume today
Today's volume of just 6,000 (at 1pm EST) is anticlimactic after strong recent volume, and the large bids seen yesterday have been pulled today, but I guess investors are spooked by a yoyoing gold price. Gold was down $15 earlier, now up $10, keeping everyone guessing. The upturn in the gold price is despite another day of a strongly rising US dollar...this is bullish. Of course, if the US dollar index starts going strongly down, it will be even more bullish for gold.
Yesterday's CFO volume was 330,350, one of the top volume days this year. I like seeing this sort of volume because it aggressively chews through whatever is left of the overhang of stock for sale, and suggests a turnaround in sentiment towards the stock.
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Clifton Star (CFO) has scored near the top of the charts on the Discovery Board.
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