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To: CommanderCricket who wrote (89350)8/16/2007 11:32:57 AM
From: architect*  Respond to of 206342
 
CC, new institution buyers are good for BZP Energy, whenever they decide to start Q3 buying, it's okay with me! <vbg>.

Your link, and the high volume days of 2M and 1.3M in March-June show institutional buying, although shares were distributed as the price trended down. The distribution volume trended down until July 31, slowed and bottomed on August 6. From August 6 to date, the on-balance volume is trending up - showing accumulation again.

From August 6 to date, there are plus 1.8M shares - in-balance volume (daily basis) and about the same plus 1.8M shares in accumulation volume. Volume often precedes price - I added shares this morning @ $4.54. - john