RE:I'm NOT cherrypicking Toppert1 wrote: The VWAP today was the lowest in the last three months, coming in at .647.
I'm not cherrypicking, I just scanned the VWAP's since August 28th.
It took about 30 seconds.
If you care to check, I can tell you that today’s is the lowest going back much farther than that.
For those here that might not know, the VWAP is the volume weighted average price. Very basically, it determines the average price at which the stock traded hands during the day by adjusting for different volumes at each price.
Basically.
Today’s VWAP was the lowest in More than three months.
As well, in addition to that ominous barometer, the volume today was 39% higher than the 30-day average volume, which is presently 69,006 shares.
Somewhat unusual with the US markets having been closed today.
None of this bodes well for the immediate future.
Many here appear to be stuck like a deer in the headlights, afraid to make a move, not knowing what to do.
Remember that girl who broke your heart when you were in your teens? ...You thought you'd never get over it.
You got over it.
You moved on.
Some are doubtless worried, and hesitant,
thinking "What a huge loss! How am I going to get my money back!!"
You're definitely not going to get your money back holding this.
Sell it and buy something else.
Anything else.
You'll be very glad you did.
The VWAP today was down over a full cent from yesterday.
Today's close matched the low close since June 21, over five months ago.
What are you waiting for, tax loss selling is coming?
There will be plenty of it, the markets are at all-time highs.