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Strategies & Market Trends : CXI-Commodore Environmental

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To: Jack Zahran who wrote (854)5/19/1998 10:47:00 AM
From: Sid Raphael  Read Replies (1) of 1755
 
Datek continues to report intergalactic trading numbers for CXI. Last time I looked, they reported 890k shares traded. Could it be that they're adding a few zeros onto the ends of the volume numbers? Is there a lesson in here?

Come to think of it, if 890k shares would have traded this morning, wouldn't the stock have jumped a bit higher than a gain of 1/16? The huge volume numbers don't make sense if they're not accompanied by price swings.

Chastened.
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