Posted On: 10/28/2015 3:40:59 PM
Post# of 72447
Focusing on CTIX, as is the point of this board: volume steadily trickling up and we are staying green. It will be interesting to see whether "they" let that stand at the close, or whether tape-painting will occur. According to Yahoo (whose figures are sometimes wrong), average daily volume for the past 3 months is about 403,000. The 10-day volume is 519,000. That's because of the million share days last week.
Looking at the volume for the past month:
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
you can see that it varies wildly, from around 60,000 shares to over a million. If you eliminate the outliers, the extreme high volume days and the extreme low volume days, I'd say we're on track to close with the true average volume of between 200-300,000 shares.
Looking at the volume for the past month:
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
you can see that it varies wildly, from around 60,000 shares to over a million. If you eliminate the outliers, the extreme high volume days and the extreme low volume days, I'd say we're on track to close with the true average volume of between 200-300,000 shares.
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