RE: Volume up This stock has disconnected from the market. Institutional holdings are likely very low and going lower with Stonecaps rerating. The low volume over the summer, the tight trading range, the end of day fills on larger lots, indicate an orderly exit of positions.
Orvana will have to show strong and study earnings or a larger event like a Copperwood sale or partner to bring back institutional buyers. Harder still with such a low share price. That being said, I am accumulating again based on my belief that they will deliver strong and study earnings now and the Copperwood wildcard. The Fed just eliminated some macro economic anxiety I had for the commodities markets. As they strengthen their balance sheet this stock will tick up and will eventually (I believe) pop much higher when the smarter money moves in.