Something really odd going on here...
I am drawing a blank for some reason, can anybody refer me to a site that calculates the average share price relative to volume on a given day. For example, our two biggest days, volume wise, both came with black candlesticks. However, unless you looked closer at the volume, the black candlesticks by themselves would send the wrong message, imo.
Anyway, my point is that if you take today, e.g., I'd guess that the ave. sale price was somewhere around $3.25 as compared to the $2.81 close. Moreover, if you look at the 25 million share day, I'd guess was close to $4.5 despite the $3.87 close.
It seems to me that given these vol numbers, something afoul is transpiring here. It w/n surprise if some group of potential acquirers was purposely selling as hard as they can to keep the ultimate b.o. # low while at the same time, keeping us little guys from getting a fair price for this puppy. :( |
