Stock up 14% Volume up 300%ONVI's stock price is climbing as is the trade volume. Is this just tax loss selling or is something going on??????? I'm looking for any insight!!!! The Yahoo boards are far more active with respect to ONVIA but there doesn't seem to be any explanations there either.
2 of their officers picked up more stock in October but it wasn't a huge amount. It is still a positive.
I think the Yahoo posters are hoping it's a takeover target because it is grossly undervalued ($1.61 is fair value) but I'm wondering if it's something else -- maybe some other news - contacts etc. HELP - if anyone has any ideas.
Happy New Year,
Cheers,
AR