GREY:PGDIF - Post by User
Comment by
Durkastanon Sep 10, 2010 4:08pm
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Post# 17435551
RE: RE: Buying volume
RE: RE: Buying volumeRelax guys, if there was a leak then volume would have been through the roof.
There were only 300,000 shares traded, which is somewhat more than the average but not significantly so.
Remember: this stock is pretty tightly held. It's regular to see 15,000 shares move the stock 4-5 cents in either direction.
There are people watching this story from the outside who don't want to miss a spike like last year. They know that the time is ripe. As soon as they see some price action, they jump in, and others follow suit.
It's a recipe for a massive spike upward if the pending news does turn out to be positive. Stay tuned.