353,000 traded in the USThe 30-day average volume there is 77,922 shares.
The last trade of the day was a buy of 16,000 shares at $1.56, right on the high.
We know it was a buy because it went through at the offer, not the bid.
Surges in volume like we saw yesterday generally don't happen for no reason.
Not surges of that magnitude.
Will we see news this morning?
Perhaps.
It doesn't really matter.
Yesterday's trading will have triggered algorithms that identify unusual trading activity.
Yesterday's trading raised eyebrows.
Attracted attention.
Free publicity.
Will we see follow through today? Absolutely.
If this board is a proxy for market sentiment, the mood here has been dour.
Lugubrious.
Meanwhile, this Johnny Nostradamus guy who speaks in quatrains doesn't seem to know if he's a bull or a bear.
Personally, there's no question I'm absolutely bullish.
Make up your mind guy.
It's going to be a nice day.