No interest in this stock whatsoever. What is going on here? It is 1:20 PM and we have only 41K in volume. And, as usual, the price is down by 7/8 (on low volume days). It is good thing that there is no selloff, but the lack of volume concerns me. Does anyone here have any clues as to why there is little trading on RDWR? Does anyone care?
I also note that there has not been a poster since yesterday.
I don't know what to think about all this. I would like to think that the low volume is associated with the low volume of sellers and buyers both. Buyers are being deterred from making the purchase because of overall market conditions. I must admit the market is not reacting well to interest rates that were unchanged yesterday. This is a sign of poor market fundamentals from my perspective and may be foreshadowing some bad times ahead. I will hold as I am that kind of investor, but I think we are seeing the beginning of a short-term downward trend for the market and consequently RDWR. People who are playing short-term are probably well advised to get out now. But, I will be the first to admit that I might be wrong. BUY, HOLD, GET RICH!