gapped up slightly at open, now running flat, but
what is with the volume, about 600k shares traded in 1st hour, what is the deal, is there just tons of shares crossing the table, offsetting each other, cuz there is no significant moves up over the last few days, which leads me to believe that there is no major news pending. If there was I think we would see $1+ jumps with stock ending the day at or near its intraday high. This kinda trading just looks like obvious accumulation and/or major covering.
Anyone buying/holding/selling?
Hit $9.69 this morning then bounced right off, lol....doesn't like that 52 week high, guess we'll need to test that for a day or two, hopefully we bust through.....funny to hear us talking about $9 range and PSIX in the same sentence, been a long time....
good morning,
cg |
