RE:RE:Expected a rally with higher volumeYes, silver300 is correct. Volume on WDO is WAY up... Here's a few stats.... In the last 6 trading days, the days since the big news release, WDO has traded 18,090,588 shares. That is an average of 3,015,098 shares per day. In the 17 days prior to the news release WDO traded a total of 5,955,019 shares, an average of 350,295 shares per day. Volume has increased about 8.5 times the norm in the last 6 trading days. Volume tapered off a bit today but it was still 1.6 million shares and that is much higher than the previous norm.
Also, keep in mind that much of the volume in June, July, and probably August was Resolute dumping their position. Overall, WDO volume has been low for years...
Volume will scream on the next drill results.....