RE:Volume essentailly died but...Over 50,000 shares traded between 12:40 and 2:05 pm isn't bad.
It's actually pretty good for a stock with a 10-day average volume of 250,000 shares.
The lunchtime lull is typically the quietest part of the day.
The brokers like their 2-hour lunches, and the period between noon and 2pm usually sees a sharp drop in volume.
This part of the day is just "filler" between the opening and closing trading.
The white part of an Oreo cookie.
Nothing usually happens over lunch.
The stock is holding strong at the day-high, with not even a hint of any meaningful selling by traders.
$1.98 now on 311,000 shares.
There remains a distinct possibility of $2.10+ on over 600K shares if the stock is at or near these levels after 3:00 pm.