PINL:VLTAF - Post by User
Comment by
ALLEN4on Oct 18, 2012 12:42pm
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Post# 20498564
RE: RE: RE: RE: NB
RE: RE: RE: RE: NB Good point, and I would add that we had not seen high volume buying for a very, very long time and we have now seen several days of it in the last few months. And remember that on high volumes days where we essentially broke even like yesterday, that while it demonstrates there are many shares waiting to be sold on such days, for every seller there is a buyer, and for several sessions we have had half a million, about a million, or over a millions shares purchased. That is significant in my books.
Today we started with low volume and it is now starting to pick up. My guess is that if this turns out to be a high volume day, the direction will turn up for the share price because overall there are more shares wanting to be bought than shares wanting to be sold.