I'm really pleased with how VEN-T traded today. DS was up another 300,000 shares today and CT (house 90) started really buying today, up not quite a 1/2 million shares on the day.
What is more interesting is the selling that has been happening by Goepel...house 89. They have been selling for months now and if it weren't for them, I think the shareprice of VEN would be much higher.
What was REALLY interesting is that as of later this morning, it looked like they started running out of shares to sell!! This pattern of "running out of shares" progressed very nicely throughout the day. Here's what I mean.
Goepel selling today:
From:
9:30am-10am 33 sells for a total of 911,000 shares (typical over the past few days)
1Oam -11am 9 sells for a total of 50,000 shares
11am -12pm 9 sells for a total of 65,500 shares
12pm - 1pm 2 sells for a total of 19,000 shares
1pm - 2pm 4 sells for a total of 34,000 shares
2pm - 3pm No sells at all! (in fact 3 buys for 10k!)
3pm - 4pm No sales at all!
I think with this selling ending, the possibility for VEN to rise from here is very very strong (probably one of the reasons it closed at the high for the day) If CT and DS continue to want huge numbers of shares as they have since last Thurs/Fri, it should get very interesting from here! :)
Regards,
Kevin |
