MagIndustries Corp MAAFF

volume and pressure.

[pangloss81]

This is heavy volume. Already over the average daily volume in the first half hour.  This buying can't be primarily from people who watch BNN, but i wonder if that little push was all we needed for this "upside correction", and once that happened, certain technical indicators said "buy", and these automated trading programs became active. Of course, we are also fortunate that there seems to be increased buzz about potash, so people were likely looking around for a potash company with more upside than the big guys. i don't know, i am just wondering. Secondly, we finally have buying pressure with new bids coming in to keep things going--i have become used to the opposite, with new asks swooping in when it appeared that asks were thin. It is nice to see a larger number of bids than asks in the quote, supported by solid volume.