Today's wrap-up
posted on
Sep 17, 2007 02:20PM
somewhat hard to follow due to the nature of the trading, but here it is:
pps # of shares $$$
.200 67,250 13,450.00
.195 48,830 9,521.85
.191 9,250 1,766.75
.190 20,093 3,817.67
Total 145,423 28,556.27
median pps = .19637
today's avg. = .19500
46% of the shares today were traded at the day's high, with 79.82% at or above .195.
Due to the trading nature, it further breaks down to:
14,250 traded at the ask at .200,
53,830 traded on the bid at or above .195,
48,000 traded in between the bid and ask at or above .195
6,250 traded between the bid and ask at .191
3,000 traded at the bid at .191
and 20,093 traded on the bid at .190.
This means that EDIG closed on lower volume at the pps where only 13.8% of the shares traded today, when 79.82% of today's shares traded at or above a bid price of .195 (Friday's close).
Shares at bid at .190 20,093
Shares at bid at .191 3,000
Shares at bid at .195 43,830
Shares at bid at .200 10,000
again... there were blocks between the bid /ask at .195 of 5,000 and at .20, totaling 43,000 shares.
As the numbers suggest.... someone wants your shares and they will pay for them... and selling volume is drying up below .195
Don't let the closing numbers paint the whole story... I don't think I ever saw the ask drop today below .20, did you?