8 it is, page-8

"CCC and LEG which are priced similiar and have about 2 billion shares have had much more volume today without any announcements."

The two best indicators by far are volume and price when acting in unison.

LEG has been sold down on 39M

CCC is only up .001 on 25M

PEN is up .004 on 12.5M


Each to their own but I am liking very much the steady progression of PEN far more than the massive PnD spikes of the past. This is steady accumulation and far better for future 'sustainable' increases in sp.

Personally... I am expecting from here through until 11c is broken that PEN will have a lot of LT holders who bought on the 2007 highs and held, to get out once they seen green again.

The volumes were definitely massive at that time and a lot of people will be at this decision point between now and 11c.

It is a psychological decision point whereas holders will either do as above, or they will hold on for the ride higher or even just a small profit. Either way PEN is going up, but I am not expecting any massive daily increases of the past...just yet.