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Linktone Ltd. (ADR) (LTON) Message Board

  • usawarbound usawarbound Oct 22, 2009 11:22 PM Flag

    Volume alert


    we all have our own investing styles and indicators. One thing I look at is volume. While no guarantee, it can be helpful.

    LTON daily volume the last 8 sessions have been higher than the previous 8 sessions prior to. Actually total volume is way higher especially because the 3 mil+ share day. Still, I assign less focus to that...the daily vomue for any of the last 8 sessions has been higher than any daily volume 8 sessions preceeding.

    What does it mean? Yes...I add yet more again tomorrow and next week and the week after. However, if the sector (Kong-Hray) go extremly sour then that indicator would overide any of my others and I would likely cash out and be out of this thing. Soooo...if the sector is strong...daily volume alerts exist...the general market does not crash...Lton should be moving up slowly or popping up quick to reflect it more realistic value. Of course this is barring any negative company news. If some bomb news article hit s the wires don't blame me. Otherwise...this thing should go up and up strong. It will be nice to enjoy...if you are long tha tis.

    GL all...back to HK trading:)

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