I'm just following the usual sites with a sickening fascination for detail. Some show volume per trade, others show number of trades per day, most show last trade at what price, and yes, if a stock is Ask $1 and the sale happens at $1, I do make the flying leap that it was a buy from the market maker. It's the only way I have of knowing what the A/D of an OBB is. Unfortunately, volume in IMES has been so slight that it's impossible to know if it's heading towards being oversold. The information seems to clearly point out, however, that it's a good company with very few people interested in buying it at the present time, and good solid holders not interested in taking a loss at the present time. That I should waste my day coming to this extremely obvious conclusion should really be of interest only to myself and my creditors and my family, the latter of whom who are justifiably concerned for my sanity and their welfare.
Best of luck to you and all your magical endeavors. |
