volume, page-4

hi Kiaote

I posted this on the 7/04

07/04/08 21:32 (View) Back Post Reply Options: Post OptionsPost New MessagePost ReplyAdd User to FavouritesAdd Stock to FavouritesEmail to a FriendIgnore MemberIgnore StockReport TOU Violation


mpridham
Post #: 2734785
Start of thread:
IP: 220.237.xxx.xxx
Sentiment: LT Buy
Disclosure: Stock Held
Views: 633

"I left for a meeting today at 1pm with the volume sitting around low 20m traded for the day - when i returned well after 4, it ended up with trading 87m, roughly 60m in 3 hours. The speed in which the shares were accumilated was on par with the amount traded on Friday

Without looking at charts (because i don't have them) it is clear that something big is about to happen. We have seen roughly 329m traded in 11 hours of trading (TH on thurs was roughly 1pm), averaging out at just under 30m an hour. Understanding alot of this was on the back of the AFR article on Thursday - or was it? Everyone had access to that article well before trading, however it seemed as if someone/something released the stock about 1 hour after trading commenced and away it went. Since then we have not seen it pass back below the 39c mark."

So considering we have traded already 22m, I would like to think that today we could run upto over 50m... that is if the cappers bail out...