The volume is anemic. I would have wished we traded a million shares today instead of 313k. Nevertheless maybe there just isn't any sellers at this low price? I put an order to sell 10k of my 260k shares at the ask of 1.65 (bid was 1.63 at the time). Within 5 minutes it filled half and I quickly cancelled the other half. 5 minutes after that it traded at 1.67. It's promising to see my shares get swallowed so quickly at the ask but again, I would have preferred higher volume today. Tomorrow will be telling...
Sorry guy but "anemic" for Titan is a 15K day....313K is ROBUST. You've not been here very long, obviously, since you're looking at average volume over the past 30/60/90. Look at the trading history for a longer period if you'd like some amusement. It's nice to see 300K+ days and hopefully, we'll never go back to those 15K but I wouldn't count on it if I were you. There's been a good bit of trading "monkey business" here throughout the past few years, so I'd expect the unexpected as we start the countdown. Then, on approval look out. The SP could go either way so after all these years trading here, I'd strongly advise you wait patiently because the initial reaction is not going to be what it appears, even if there's a delay.....just my opinion of course.
300K shares is decent volume for this stock.
The daily volume is meaningless.
Only a huge spike in volume has significance.
You will find massive volume at chart tops and bottoms.
Huge volume after a long run up is a sell indicator and huge volume after a steep drop is a buy indicator.
Everything in between is noise signifying nothing.
The MMs loaded up on shares in the low $1s during the recent 6+ million share volume days.
They are now bringing the price up.
A low volume climb is positive.
It shows that they are determined to increase the pps.
You want to be long at this time.
When NITE was on the sell side over $2, you wanted to be short.
Harmony and equilibrium will bring you riches.
Excellent reply. I am a pharmacist learning to become more of a trader. Posts like this provide useful information and insight for me. I try to make sense of what is happening and often post on these boards to see others thoughts. Just a question, what is NITE?
The sellers have obviously dried up otherwise the price wouldn't be moving back up. The low volume contributes to big increase today. The good news is that the price bottomed out yesterday and is now moving back up. With every day that passes with no news of a delay, the price will continue up and you will get your volume coming in the week before 4/30. Only 17 trading days remain - not many . . .
Sentiment: Strong Buy