Canasia Industries Corporation V.CAJ

Should be an interesting day

[old_dog]

Just for a lark I chacked out a dozen or so tickers on the alpha this morning and what I find interesting is the volume still open on the CAJ, the stock has great support and heavy volume on the buy side as much lower volume on the ask side. Even though 30 minutes lapsed the volume on the ask didn't dgrow while the volume on the bid came up 30,000. Having said all that it would appear that these are not day trades as they would be wiped off the system to early in the am for day trades to be showing up, so these are open trades which tells me there should be some very heavy volume today once everyone is in the office. I'm pretty confident that some of these open orders will be adjusted up early in the morning as they didn't get filled on Friday...JMO.

 

 

Bid Size	Bid Price
118,000	0.050
606,000	0.045
652,000	0.040
681,000	0.035
297,000	0.030

Ask Price	Ask Size
0.055	54,000
0.060	265,000
0.065	80,000
0.080	200,000

old_dog