My numbers were taken from another blog and they represent the Volume Weighted Average for COTE for all trades executed during the last trading session (today). I can not verify their accuracy. Doesn't really matter. High volume could be good for stockholders. Here is a clip from another website on what a high volume day may indicate:
WHAT DOES VOLUME MEAN?
(1) Volume gives us some indication of a stock's liquidity -- the higher the volume the more buyers and sellers out there.
(2) Volume may indicate a special event. Most stocks trade at an even pace for days or weeks at a stretch -- often until something unusual occurs. Heavy volume may indicate that the company has (or is about to) released important news. That news might be an earnings announcement, a new product, a change at the executive level, an acquisition, a merger or a new corporate alliance.
A very unusual day for COTE indeed. Stay long and strong.
WHAT DOES VOLUME MEAN?
(1) Volume gives us some indication of a stock's liquidity -- the higher the volume the more buyers and sellers out there.
(2) Volume may indicate a special event. Most stocks trade at an even pace for days or weeks at a stretch -- often until something unusual occurs. Heavy volume may indicate that the company has (or is about to) released important news. That news might be an earnings announcement, a new product, a change at the executive level, an acquisition, a merger or a new corporate alliance.
A very unusual day for COTE indeed. Stay long and strong.
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