and PNLK too?Interesting question...How about when a stock trades more in 2 days than in its entire prior history? .
PNLK>>>Last two days... 04/22/98 3,805,300 1 1/2 0 15/16 1.48 04/23/98 4,311,700 2 1/8 1 1/8 1 3/4
PNLK>>>weekly history Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 10/24/97 2,000 4 4 4 10/31/97 1,500 4 1/2 4 4 1/2 11/07/97 278,700 4 7/8 4 1/4 4 3/4 11/14/97 174,900 5 5/16 4 5/8 5 1/4 11/21/97 93,900 5 5/16 4 3/4 5 11/28/97 33,300 4 7/8 3 3/4 4 1/4 12/05/97 292,700 4 2 1/4 2 5/8 12/12/97 346,500 2 3/4 2 2 1/2 12/19/97 191,500 2 1/2 1 7/8 2 12/26/97 183,000 2 1 1/8 1 1/4 01/02/98 80,400 1 3/8 1 1 1/8 01/09/98 92,500 1 1/2 1 1 1/2 01/16/98 64,000 1 1/2 1 1 1/4 01/23/98 84,000 1 1/4 0 3/4 1 1/8 01/30/98 22,000 1 1/8 0 7/8 1 02/06/98 352,500 1 5/8 0 3/4 1 3/8 02/13/98 7,000 1 5/16 1 1/4 1 5/16 02/27/98 24,000 1 1/16 0 3/4 0 7/8 03/06/98 18,000 1 1/8 0 7/8 0 7/8 03/13/98 62,500 1 0 5/8 1 03/20/98 257,700 2 1 2 03/27/98 876,300 2 1/4 1 1 1/8 04/03/98 616,700 1 5/16 0 7/8 1 1/8 04/09/98 399,600 1 1/8 1 1 1/8 04/17/98 808,100 1 3/8 0 13/16 0 15/16
So, what does that mean? Is it true that volume preceeds price?
1)The volume factor...Approximate volume from start of trading (wk. of 10/24/97) to 4/21...6.3 million (using public vol. figures)
Peter |