Q. Trying to figure this out.. is a stock with a beta of 60 better to own than say one with a beta of 129 or one with a 322??? can someone tell me how this works for a ratings on issues?
Also when I, look at on bal, volume some issues are very hard to follow.. Looking at this one it's in need of some help from someone for me to understand it.. If you have the time please reply.
Current firm has been trading as a BB. for about 5 mo now and the total issued outstanding is 20.6 million float is 20.9 million.. the 3 mo avg of volume is 299,300 and 10 day is now 549,000 yet the on balance volume for the past totals the following. Also the beta on this one is 156
current qt reads 18,978,900
the month reads 21,282,400
the week reads 16,884,400
the day reads 10,620,800
the 60 min is 10,730,000
30min is 2,414,000
15 min is 493,900
10 min is 487,800
year to date trading is 22,168,200 volume..
What should one be seeing in this type of set of numbers as the price per share to the o/s is way over sold IMO. or is there something here I'm missing? Also this stock has traded streight down from .40 cents a share in July to a cuttent pps of .013 low of today.
Now I, see some issues with the same type of set up about the same in o/s and float and the have totals of 7 to 10 times the amount in onbalanced volume in their readings. Is that just trading volume over the months or total addittional shares sold or shorted one could see in this type of a report???
If anyone can help me understand these two reading it would be appreciated ...
Warm Regards to all...
Jim... |
