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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (54961)9/24/2000 3:34:33 PM
From: sylvester80  Read Replies (2) | Respond to of 93625
 
Don,
Si data for avg volume has been questionable since their upgrade

It has nothing to do with any SI upgrades. Rambus volume fell right after the 4:1 split. The SI average volume figure at the bottom of the screen is correct. Right after the 4:1 split, RMBS volume declined. The only thing that I can come up with, is that the 4 times bigger float, got rid of all the day traders that were trading the stock multiple times a day (10-20 times) and had created all the volatility and much higher volume.

So, in my view, the current volume is right on the money and it is why mainly large volatility has all but disappeared from the stock.

Final result is that on Friday, Rambus went up on higher than normal average volume which is very bullish.

Here is another link that I use that states the same info:
stockconsultant.com

As you can see it states Friday we had +18.5% higher average volume which is very bullish. $102 is the next resistance which I think we'll soon see.