Thursdays trading numbers, quite a change from the
Post# of 11899
Thursdays trading numbers, quite a change from the norm they are.
20120802|RFMK|1079648|0|10597109|O
Only 10% of the daily shares traded were short sales. This could suggest accumulation occuring at the current level which is a good sign and a change from the usual daily trading behavior. If the intraday volume in the future was about 10X Thursday volume I think it would serve as enough volume to possibly lift the PPS much much higher and give the stock 100%+ gains. Eventually the buying pressure could serve to create a positive change in the stochastics and other technical indicators most traders have set as alerts to let them know that a certain stock is on the move and could be going on a run. Time will tell but I think RFMK stock has basically bottomed at this point. I continue to accumulate and I think the current PPS is an outstanding opportunity. Just my opinions.
GLTA!
$RFMK!
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