TSXV:KUR.H - Post by User
Comment by
cjakon Jun 23, 2009 6:10pm
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Post# 16092911
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: I.C. Consu
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: I.C. ConsuDo we really have net accumulation or is it trading activity? Why has the high volume dried up?
Yeah, wish I knew for sure..........it does seem to be primarily one house though. And remember the volume started down in the low to mid-teens, and we've seen it all the way up to just shy of 30 cents. IMO, accumulation can be justified by the price action, but I agree with you, it sure would be nice if it hadn't dried up as of late. There always seems to be the "dormant" period with regards to volume on any stock just before the revelation of a "surprise" catalyst which drives share prices higher.
Well, if it's not accumulation, it doesn't seem to resemble distribution either -- somebody bought millions of shares in a short amount of time so I assume they see some kind of upside in the future. The only question being how much and when.