This is going to explode into next year. Volume precedes price guys and girls
Evaluator 711 do you have a near term target based on volume surge?
Your observation looks correct for AGO.1)the 3 month average volume is 2.2m shares.2) On volume surge days the price jumped as follows:On 8/9 bottom surge, the 3 day average volume surge was 5.9M shares, and the price jumped in 3 days $0.75.On 9/22 bottom surge, the 3 day average volume was 2.8M shares, and jumped in 3 days $1.2On 11/29 bottom surge, the 3 day avearge volume was 6.2m shares, and jumped in 3 days $1.7
On 11/14/11 the Board of directors authorized a new 5 million share buyback. Let's hope that AGO is part of this volume buying back shares at 40% of book and 23% of adjusted book.