Recent trading volumeWas also wondering if anyone could offer their thoughts
The other day there was significant volume on the patent news. Who do you think would sell all those shares? When the price was around 6-7 cents there was very little volume to argue that people who accumulated shares at that range sold some shares at 10-12 cents to take some profit. I’m also aware that even though there was 5 million or so shares traded doesn’t necessarily mean that 5 million different shares traded, could of been the same shares trading hands several times throughout the day.
Mom mot asking the question to bash the company, I personally hold a position in the 6 figures. I was a little disappointed, I thought on the news of the patent the price would settle in the high teen’s. Although it’s quite promising that the price is staying strong now at around 10 and that there are very few sellers around. Personally, and this is just an opinion, I think it’s possible we see more good news before the meeting.