Post by
Starsearcher80 on Mar 20, 2023 10:16am
UNUSUAL ACTIVITY
Most of my living in the market is made noticing the anomolies to the "usual" way a given stock trades. Every stock has a "personality" per se, with typical trading patterns, typical volume and typical participants. When a substantial anomoly happens to that usual pattern, it often signifies some development, either good or bad.
This approach to the market is based on a very long history now of starting with the assumption that while I may be the last to know a given development (which is a good starting point for all retail investors), with the right market software I CAN see the footprints of those higher up the foodchain of knowledge. The sudden interest or excitment is right there in their trades that are eagerly going through.
Today is an excellent example of this phenomenon, this "change from the usual personality" of the stock. Is there a noted change in the usual patterns today? Absolutely.
It started with the pre-market bidding, with some chunky orders there. Often I discredit these pre-market bids as they often get pulled at the last second. Fun and games. But this time, to my surprise, they went through at the ask of $3.54, up 26cents from Friday's close. This definitely caught my attention.
As well, the volume is WAY up this morning, at 125,000 shares in just the first 45 minutes of trading. Again, this is FAR from typical.
It's still early here, but this unusal activity is definitely worth noting, and suggests that there is stome strong.."hunch" out there that might be encouraging this buying.
You want to make a LOT of money? As the saying goes, follow the big money. Imho the clues are there strongly already this morning.
Comment by
Manager123 on Mar 20, 2023 10:31am
7% GAP UP!! hope it holds with High volume!!!
Comment by
contrap127 on Mar 20, 2023 8:16pm
Take a few more attempts and the share price will stay up! Even without news! Let's wait! ;)
Comment by
Urallsheep on Mar 20, 2023 10:14pm
Stay up? It's down 50 percent over last 2 years and declining again . The company is going nowhere
Comment by
Luminous on Mar 21, 2023 10:21am
Strange trading, one moment heavy buying out of know where the next crickets.
Comment by
Urallsheep on Mar 21, 2023 1:04pm
same as always they have zero real investors know this
Comment by
Kappyo on Mar 20, 2023 11:15am
Ya, I had so much fun with Aurelian...most awesome gold intercepts in the world at the time. I still own it, several owners later. And speaking of gold mines, NNOMF is one as well...equally as exciting as I have been waiting here for 5 years! And all in the safe jurisdiction of Canada!
Comment by
Luminous on Mar 20, 2023 12:14pm
Fingers crossed, and you're right, in Canada - unlike ARU where eventually the Ecuadorian government tried to steal it, or something like that.