Wednesday, January 30, 2013

Steady as she goes

Yesterday I mentioned that I was looking for a small early gain and a volume around 100K shares to feel decent on today's action. Well with a daily trade volume of 99,956 shares traded and a gain of 5.94%, I'd say today wasn't so bad. Of course, a higher volume would be much more meaningful for this gain, as we could easily see the stock drop back to $1 tomorrow, but having a 3rd consecutive day with relatively high volume is certainly a good sign.

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