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Armanino Foods of Distinction Inc. Message Board

  • hoth_25 hoth_25 Aug 8, 2013 4:09 PM Flag

    Extremely Heavy Trading Today

    The volume today was more than I recall for a long time. I looked around for news, but there is none. I found an article about the heavy volume at Financial Acceleration which says that it may be the start of a much bigger purchase. That sounds good to me.

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    • That is a very thoughtful blog post. I have been looking at Time & Sales for the last few days and there has been heavy buy volume preceded by light sell volume which reduced the price by a few cents. I think Financial Acceleration is onto something.,

      • 1 Reply to hotpanera2
      • It is even stranger because there is no volume today after an all time volume level yesterday. That does look more like there is one person buying rather than the normal market. A guy who follows the company told me that the buyer might be TreeHouse Foods, which looks like a good fit, but there is no way to know that for sure.

        It is nice, though, that Armanino is actually getting some sort of coverage. Quite a difference from the old days (which are not that long ago.)

 
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