SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.250-3.1%Nov 24 3:28 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Louis Riley who wrote (68)4/15/1998 2:45:00 PM
From: Louis Riley  Read Replies (1) of 3203
 
Climactic Volume

The stock traded 1,934,300 shares in the hour from 13:00 EST to 14:00 EST. In other words, the whole float turned over more than twice. It was indeed the busiest hour since the stock began play Monday.

Over 14MM (million) shares have traded since Monday morning. Even if you divide that by two to account for market maker intermediation, the whole float has turned over almost 8 times.

Louis Riley
Host of "Louis Riley's Think Tank"
sitn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext