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ArQule Inc. Message Board

  • carylindsay1443 May 30, 2012 4:52 PM Flag

    Better Than Sharp Stick in the Eye!

    With this anecdotal evidence and $1.00 one can get a cup of coffee at McDonald’s. However, the trading today was very interesting, going into a binary event this weekend at ASCO. Ten minutes before the close the stock had traded 263,567 shares and a penny below yesterday’s close. However, the buyers came on board with the overall market getting taken out behind the wood shed with a NASDAQ trouncing of more than 1%. In the last few minutes of trading, volume jumped to the final number of shares being traded—386,950, translating into 31% of the day’s volume occurring in this timeframe………with price moving to positive side. Strictly anecdotal as one day’s action doesn’t make a trend! But, one has to like the fact that there are buyers willing to take a position

1.775-0.025(-1.39%)12:24 PMEDT