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Fuel Systems Solutions, Inc. (FSYS) Message Board

statstats 1 post  |  Last Activity: May 23, 2014 3:46 PM Member since: Apr 13, 1999
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    significant volume... no news?

    by krishawkins Apr 10, 2014 12:32 PM
    statstats statstats May 23, 2014 3:46 PM Flag

    In the last couple of months we have seen volume days of 21 million, 6 million and 4 million with the price holding stable. From time and sales, these high volume days appear to have been largely selling. The weird thing is that the large volume does not seem to have gone anywhere. I do not see offsetting buys, yet the price has held up and is still edging higher. I have seen this pattern on other stocks also. The high volume selling on a stable price never seems to go anywhere, yet the price moves up. Now the Canadian bid is .315, which was in place when it was the high of the day. I note that when the market makers are willing to pay the high of the day just to buy, that is bullish. I certainly would not be selling here. It looks like something is cooking.

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