Posted On: 09/19/2015 3:23:14 AM
Post# of 2009
Don't know where the supporter of our investment gets his numbers from, but what he posted is (deliberately ?) not correct:
This week we had 48.4 mln shares traded. So his count is no less than 50% off. And the week ending Jun.26th, there was close to 96 mln shares traded, thanks to a whopper day of 53.7 mln traded on the 25th alone. So that "second MOST in 3 months" wouldn't be correct either if his count was correct. Great DD !
http://www.google.com/finance/historical?q=OT...PEUfD5vqgP
Since NTEK has been diluting the hell out of it, many shares traded last week, and the weeks before, were newly issued shares.
Average weekly volume since the last AS increase is 57 mln shares / week traded.
this week:
18/sep/15 9,737,855.00
17/sep/15 10,459,184.00
16/sep/15 12,524,219.00
15/sep/15 9,703,901.00
14/sep/15 6,022,831.00
Quote:
This week ... almost 72 Million shares were traded ... other than the week following the SHM (86 mm), it is the MOST in 3 months time ... I'm liking the company's progress ... 25 Paramount films added to UltraFlix in the last week ... the pace is increasing nicely!! ...
Read More: http://investorshangout.com/post/view?id=3206...z3mACS0lGU
This week we had 48.4 mln shares traded. So his count is no less than 50% off. And the week ending Jun.26th, there was close to 96 mln shares traded, thanks to a whopper day of 53.7 mln traded on the 25th alone. So that "second MOST in 3 months" wouldn't be correct either if his count was correct. Great DD !
http://www.google.com/finance/historical?q=OT...PEUfD5vqgP
Since NTEK has been diluting the hell out of it, many shares traded last week, and the weeks before, were newly issued shares.
Average weekly volume since the last AS increase is 57 mln shares / week traded.
this week:
18/sep/15 9,737,855.00
17/sep/15 10,459,184.00
16/sep/15 12,524,219.00
15/sep/15 9,703,901.00
14/sep/15 6,022,831.00
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