Any idea what is behind the big volume today? We haven't hit 10000 shares since the beginning of May and today we hit it in about an hour. Not that I am complaining, I love to see someone buying in these large chunks and the share price rise that goes along with it.
This is the beauty of these thinly traded gems. They have bimodal pricing. When large buyers come in they have to pay a significant premium due to the low float. But small nimble investors can buy small lots at much lower prices.
This works great providing the underlying business is superb as with Atrion.
sw - holder of ATRI in individual and managed accounts.