Post by
guarantor1 on Dec 19, 2024 8:34pm
Last 30 Tradings days - 2/3 of Ballard shares changed hands
30 previous trading days (Nov 7 to Dec 19 )
- 35M on the TSX, approx
- 130M on Nasdaq, approx
And with a float of just over 250M, that works out to 2/3 of the float changing hands
I am assuming a lot of the volume is due to tax loss selling and/or those not comfortable with the sector after the Trump win.
Whatever...you have to think that sentiment has to be a lot more positive among current holders, compared to a cpuple months ago, eh? Especially with the shareprice relatively stable during the 30 day period
Comment by
guarantor1 on Dec 20, 2024 8:42am
and fwiw, I'm not seeing a lot of day-trading, that would account for a big chunk of the volume. Not while I was watching, anyways IMO technically, it looks Looks like good old fashion accumulation, after a kind of drawn out capitulation in November,