Post by
tamaracktop on Mar 24, 2023 12:03pm
Isn't anybody here worried about the volume?
Nobody here has mentioned it.
It's disappearing.
While the 30-day average volume is 329,000 shares, the 10-day average is 180,000.
That's a pretty sharp drop.
One week until a new quarterly release and people are losing interest.
The company is cap'd at $227 million, and in the first 2 1/2 hours of trading one week before earnings it hasn't even traded $22,000 worth of stock.
That's pretty bad.
You better hope the trickle of selling you've been seeing doesn't become a flood.