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Monarch Financial Holdings, Inc. Message Board

  • maine1964 maine1964 Mar 9, 2013 9:21 AM Flag

    Last 25 Trading Days....

    Stock Price is up 16.6%, but more importantly the volume is averaging 49,800 per day during that period. That is 33% higher than the current 3-month average, and probably 40+% higher than it was 25 trading days ago.

    Institutions are continuing to load up, we'll see the filings once we're through March.

    The trend is your friend.

    Sentiment: Strong Buy

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    • Intraday volatility doesn't bode well for MNRK ... there's a $0.75 to $1.00 fluctuation on most days. Looks like more of a top than setting up for another run. Volume is just the pref holders getting out. Small price increases are actually a negative when they happen on higher volume.

 
MNRK
12.585-0.125(-0.98%)May 21 4:00 PMEDT