This may or may not turn out to mean anything, but I thought I would share this in case it does...
The volume is unusually significant today, yet the stock is relatively unchanged trading in a tight range. As of ~ 3:00 pm, more than 470,000 shares had traded. Indeed, this is the most volume since the day they last released earnings when the stock closed up from $3.75 to $4.00. In fact, the last couple of days have seen increased volume for some reason. It seems like it may be significant in the context of the dog days of summer. Maybe the work of their investment banker, Allen & Company LLC, has borne some fruit?
Anyway, here's the recent activity - not including today's action
PRICES Date Open High Low Close Volume Adj Close* 24-Aug-05 3.87 4.00 3.87 4.00 232,900 4.00 23-Aug-05 3.87 3.94 3.75 3.92 321,400 3.92 22-Aug-05 3.85 3.90 3.71 3.85 112,500 3.85 19-Aug-05 3.80 3.89 3.73 3.84 84,600 3.84 18-Aug-05 3.93 3.95 3.77 3.86 187,300 3.86 17-Aug-05 3.98 4.00 3.69 4.00 73,800 4.00 16-Aug-05 3.99 4.04 3.85 4.02 52,800 4.02 15-Aug-05 4.06 4.06 3.99 4.03 71,900 4.03 12-Aug-05 4.10 4.10 3.96 4.02 88,900 4.02 11-Aug-05 4.10 4.10 4.00 4.07 22,500 4.07 10-Aug-05 4.08 4.10 3.96 4.08 168,100 4.08 9-Aug-05 4.02 4.08 3.87 4.08 143,900 4.08 8-Aug-05 3.93 4.11 3.86 4.03 123,200 4.03 5-Aug-05 3.97 4.14 3.90 3.92 98,300 3.92 4-Aug-05 4.02 4.13 3.95 3.99 101,000 3.99 3-Aug-05 4.07 4.10 3.94 4.08 143,300 4.08 2-Aug-05 4.12 4.12 4.02 4.06 115,400 4.06 1-Aug-05 4.07 4.13 4.03 4.05 79,500 4.05 29-Jul-05 4.00 4.10 3.91 4.10 153,600 4.10 28-Jul-05 3.71 4.12 3.71 4.00 724,700 4.00 27-Jul-05 3.64 3.75 3.64 3.75 90,700 3.75 26-Jul-05 3.70 3.70 3.61 3.68 109,300 3.68 25-Jul-05 3.53 3.73 3.53 3.67 90,300 3.67 22-Jul-05 3.52 3.60 3.41 3.57 49,300 3.57 21-Jul-05 3.59 3.59 3.46 3.53 148,400 3.53 20-Jul-05 3.70 3.70 3.55 3.56 202,600 3.56 19-Jul-05 3.71 3.75 3.65 3.67 66,700 3.67 18-Jul-05 3.73 3.80 3.61 3.71 73,000 3.71 15-Jul-05 3.47 3.78 3.46 3.76 238,000 3.76 14-Jul-05 3.60 3.75 3.58 3.67 127,200 3.67 13-Jul-05 3.64 3.76 3.50 3.66 182,400 3.66 12-Jul-05 3.63 3.74 3.50 3.65 207,500 3.65 11-Jul-05 3.67 3.75 3.54 3.62 272,100 3.62 8-Jul-05 3.52 3.68 3.52 3.66 385,600 3.66 7-Jul-05 3.41 3.62 3.41 3.51 281,100 3.51 6-Jul-05 3.46 3.50 3.38 3.46 141,800 3.46 5-Jul-05 3.32 3.50 3.32 3.45 185,000 3.45 1-Jul-05 3.56 3.56 3.42 3.45 202,000 3.45 30-Jun-05 3.41 3.55 3.34 3.54 425,800 3.54 29-Jun-05 3.35 3.45 3.19 3.40 583,800 3.40 28-Jun-05 3.09 3.20 3.08 3.15 104,700 3.15 27-Jun-05 3.25 3.27 3.05 3.09 119,200 3.09 24-Jun-05 3.25 3.28 3.17 3.27 53,600 3.27 23-Jun-05 3.20 3.30 3.16 3.25 156,700 3.25 22-Jun-05 3.34 3.38 3.18 3.25 194,600 3.25 21-Jun-05 3.26 3.39 3.15 3.25 346,200 3.25 20-Jun-05 3.15 3.20 3.08 3.17 174,200 3.17 17-Jun-05 3.10 3.15 3.09 3.14 101,500 3.14 16-Jun-05 2.91 3.26 2.91 3.05 55,300 3.05 15-Jun-05 2.97 3.05 2.97 3.05 25,900 3.05 14-Jun-05 2.95 3.05 2.85 3.05 102,200 3.05 13-Jun-05 2.94 2.94 2.81 2.92 44,800 2.92 10-Jun-05 2.90 2.92 2.85 2.87 26,300 2.87 9-Jun-05 2.92 2.99 2.92 2.93 60,100 2.93 8-Jun-05 2.99 2.99 2.90 2.94 62,400 2.94 7-Jun-05 3.01 3.01 2.87 2.92 101,200 2.92 6-Jun-05 2.97 3.00 2.59 2.95 644,700 2.95 3-Jun-05 3.19 3.19 2.90 2.97 59,200 2.97 2-Jun-05 3.04 3.25 3.03 3.11 58,900 3.11 1-Jun-05 2.96 3.12 2.92 3.05 133,800 3.05 31-May-05 2.97 3.10 2.95 3.10 19,900 3.10 27-May-05 2.90 3.03 2.90 3.00 44,200 3.00 26-May-05 2.93 2.98 2.85 2.92 15,100 2.92 25-May-05 2.90 2.95 2.88 2.88 39,800 2.88 24-May-05 2.95 2.95 2.87 2.90 16,200 2.90 23-May-05 2.87 3.00 2.87 2.90 82,500 2.90 |