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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (8998)6/12/2001 12:21:09 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
<<1000 shares should give it a 100% rise... How's that for the new math... : >>

Jim: It seems the formula isn't that it easy<g>

On Dec.29,2000 the volume was 28,400 and the stock was up from $2 to a H of $2.62 and closed at $2.50

On January 24 volume was 30,200 and it only went from $2.31 to a closing H of $2.50

More recently, on May 9 volume was 9.100 and it only moved form $2.75 to $2.76 <g>

The average daily volume for the past month is reportedly down to 682 and in the last 10 days had been down to almost 0.<g>

Insiders reportedly bought 3,000 shares in last 6 months and institutions 18,000 in the last reported Q.

I haven't tried to put that data into an Excel spread sheet or see if I could come with some other mathematical prediction of the relation between volume and price movement.<g>

RAGL

Bernard