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  • jamiejaytrader jamiejaytrader Mar 21, 2011 4:01 PM Flag

    very low volume today

    The nasdaq is almost closed for today and we have very low volume, so far i only see about 254,000 volume.

    normally we have an 50 day average of 1,247,125 volume.

    We are up about 2,50% at this moment.

    So how can we interperate this? is this a good thing when a stock goes up alot on low volume?

    thought/comments anyone?

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    • Future buyers are waiting to buy. They tend to think that QCOR may have very strong results for Q1-2011 but because of the so-so results of Q4-2010 they delay their purchases. It is good but it is a tough play. By listening what the CEO said and by the rumors heard QCOR may jump substancially after releasing their results. Only 8 days to go in this quarter and after we will have a quick earnings release.

      Longs will be happy and all those who are buying now.