The Witch is a BietchWow! What a lot of work to get a small move up.
A technical guy told me one time that in order to sustain a good movement, big volume was a good thing. The idea is that tired hands dispose to move on and fresh blood takes it to the next level. He called it work and said that a stock had to do a lot of work before the move was confirmed.
Well I, for one, am exhausted. Since when did it take more than a million shares of fresh buying to eke out a 2 cent gain? I guess the answer is that there are a lot of shares outstanding and a lot of 2008 memories still fresh. People are nailing down small gains while the big shooters are still largely on the sidelines.
A bull market changes things dramatically, of course, and speculative stocks rocket on very little of substance. But the 75c witch seems to have a powerful bunch of alies on her side for the moment.
O.K. Back to work. I still believe we will soon show her what the business end of a broom is good for.