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Message: High Volume,Yet Same TDC Price! Hubert's on it, On today'sTyhee Investors Blog.

High Volume,Yet Same TDC Price! Hubert's on it, On today'sTyhee Investors Blog.

posted on Mar 17, 2010 02:43PM

High volume...Same share price!

http://tyheeinvestors.blogspot.com/

What is going on?
2 "groups/brokers" are selling a lot of shares: GMP Securities and the usual suspect called "Anonymous".
I will say that this "Anonymous" is a shame covered by the TSX. Bravo for openess and better protection of small shareholders !!!
The big buyers are TD Securities and National Bank Financial.

Yesterday's trading was double the average volume with no change in the SP.
Today we have a volume (11.40AM) 4 times higher than average and still same SP. So what does it mean?

This from moneyshow.com to help you better understand:
"The best-case scenario is one when volume surges without an accompanying surge in price. That typically means the buyers of a stock are more aggressive than the sellers. And once they take out the last shares the sellers have, the price just pops. It is difficult, if not impossible, to time the minute of the day when the stock will make its move. But when you see this combination of sideways price movement, an increase in volume trends, and an increase in on-balance volume, that typically means the stock are heading higher. "


I will follow the story during the day.

Hubert
http://www.moneyshow.com/trading/Tips_for_Traders.asp?aid=DAYTRADERS-4676
Posted by Hubert at 12:11 PM 0 comments Links to this post
Thanks Hubert,
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