Investors are HOLDING In spite of some great news, sp movement continues to be uneventful and predictable for a month now. While there have been some higher volume days there were also 8 days of volumes just over to well below 100,000 shares. This is great for day traders but for investors holding patiently it shouldn't change the positive shorterm to midterm outlook.
For example the last 4 business days has included total daily volumes of shares traded of 72,000, 11,000 and 60,000 shares. At this stage the waiting game is on ....presuming most retail investors:
1. believe in the company.
2. recognize that manipulation has become a significant trading strategy.
3. because of 2. there will be days where volume is so low that the sp will spike down for no reason
4. sometimes low trading volumes act as a catalyst/reset where the sp can move up sustainably.