GREY:MDCGF - Post by User
Comment by
firebugon Feb 16, 2011 3:10pm
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Post# 18145181
RE: Going Back
RE: Going Back Over Stockwatch last 62 trading days
19,199,935 shares traded between .39 and .62 cents
lowest trading day 79,000 and highest trading day 1,202,251 shares
average of 62 days was 309,676 shares
Over the last 11 trading days
4,507,147 shares traded between .51 and .58 cents
average of 11 days was 409,740
Now I look at it and for day traders I can`t see much money to be made. Might as well go pick cans and bottles in the ditch. Sure seems to me that a more viable reason would be the slow accumulation of shares by someone. They don`t let it run and if any signs of a run they block it. Now I don`t have tier II to see the whole picture but my guess is accumulation. What`s your opinions????????