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Barnes & Noble, Inc. Message Board

  • gxstockholders gxstockholders May 8, 2012 4:21 PM Flag

    The Type Of Volume ... Buy/Sell

    My tracking information here shows that as we made are way back over (7) days to an average volume, on the seventh day (today) the sellers were predominately dried up compared the buyers.

    Using one day a (2) month Daily chart with Buy/Sell volume, we went green today as the red dropped off daily.

    All this on another bad day for the market in general.....

    Was it just a turn about? Hitting that $17 strike area and being $3 above book? I don't know but I still think we have a floor there. I believe the short trade is stuck at no lower than this and the window will close on them here little by little as we first flounder somewhat to return to $20 before returning to a more steady path upward.

    Q1 2013 $29


10.35-0.25(-2.36%)Oct 27 4:02 PMEDT