More thoughts on trading...A bit of a correction. Today is already the highest volume trading day for Fareport on record (according to finance.google).
The previous high volume day was Nov. 15, 2002 when 3.07m share traded hands and the stock closed at .10/sh. Less than a year after that record trading day, its share price rocketed to over 400% of that level, hitting .43/sh on Sept. 26, 2003.
Today we have another record trading day. Is it hype, as another poster suggested, or is the smart money positioning itself ahead of another steep, multi-bagger advance?
I could be a rich man if I could answer that question.