I'm very pleased with what I'm seeing today. The market has only been open 1 1/2 hours, and volume is significantly up. Even better, the largest buyer today is House 1, which is typically institutional buying. So far today, they account for over 25% of all buys that have gone throuh today, currently up 0er 56,000 shares of about 212,200 traded so far.
House Positions for C:BBD.B from 20220707 to 20220707 |
1 Anonymous | 109,339 | 2,095,560 | 19.166 | 52,564 | 1,006,770 | 19.153 | 56,775 | -1,088,790 |
This volume and buying pattern is a marked change from the light/enemic volume and trading over the past several days. Time will tell if this has the legs to keep the stock moving upwards. For myself, who traditionally looks for the earliest of clues, I would say yes. There are greater risks to being on the early side of a party, but that's where the more luctrative moves up are realized. We'll see what ccmes, but on the whole very pleased with the trades going through. Secondarily, the rise in price ain't bad either!