Rob: 1,930,000 x 2 = 3,860,000 revenue shares today. Add that to yesterday's 5,070,000 (oops! sorry about the 35,000 share undercount yesterday) revenue shares for a 2-day total so far this week of 8,930,000 revenue shares -- in what is typically a dead week in late August. Not bad, not bad at all. What is most encouraging at this point is that volumes seem much more consistent than they have ever been -- inconsistent volume has certainly been the reality until the past month or so, and has had people wondering (justifiably) exactly what to expect going forward. Looks like that is changing (finally).
It should be interesting to see how eVWAP does through the rest of the week - and even more interesting to see how the volume numbers look in September, after all the traders get back from the beach post- Labor Day. It must really pain the negative one and her cohorts in bashing to see the system performing this well -- it would be so much easier to slam the company if millions of shares weren't being trading on eVWAP every day. Maybe that's why the attacks are becoming so much more personal in recent days. Too bad it has degenerated to that.
Take care --
Mark |