Todays trading on BIT looking very interesting. Ignoring the...

Todays trading on BIT looking very interesting. Ignoring the parcel dumped in the closing auction the data is interesting for a couple of reasons:

a) Volume - highest daily volume in over a month

b) Price - As at 4pm close, the 17c closing price was the second highest end of day price in about 4 years. Jan 17 was the highest and it was only 17.5c !

c) The price has increased by 10% in the 2 days since SAV spat the dummy. Keep it up SAV !

Note: Somebody did dump a 50k parcel on close which brought the price down a half a cent but all in all a pretty solid day for a friday. I suspect somebody is expecting HIV results very soon.

All means nothing to most of us who have no intention of selling any time soon but for the sake of conversation its interesting nonetheless.