From a recent Stockfetcher forum discussion:
Muddy:
1/31/2007 9:27:54 AM
watching GVGC at a buck from pre market vol scan.
from my "beat down" scan with big vol selling increase yesterday.
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Muddy:
2/5/2007 9:10:41 PM
Up 111% in 4 days.
I'm sure the veteran traders here know this but newer traders,this volume stuff works.
Premarket and intraday.
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Muddy:
2/6/2007 7:36:54 AM
Someone asked how I found GVGC,this is how:
I then arrange them with the biggest % losers at the top.
Then I load those into my watch list and beginning with the premarket open I watch for volume and bid/ask action.
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2/7/2007 12:23:19 AM
Muddy, is there anything special about the offset date you selected?
or, do you pick an offset date a few days into the recent past?
What works best for you?
Thanks
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Muddy
2/7/2007 7:04:10 AM
I used that date offset as an example to show GVGC,now up 155%!, and how to arrange them in order to show the biggest losers at the top.
I use a date offset of 0 when searching for premarket volume candidates.
Yesterday there were 2,RNCH and TTDS,that showed a nice spike in premarket volume activity.
One could see by the premarket bid/ask activity that RNCH was probably opening down and TTDS up.
TTDS showed around 7500 shares traded pre and if you chart it you'll see many recent days when it didn't even trade that much in the entire trading day.
I believe this gives me yet another edge on the market.
TTDS opened at 1.63 and at 1:32 p.m hit a high of 1.95,closing at 1.81 giving me yet another nice gain.
Today I'm watching in premarket action:
CENT CTTD JSXG GSAT ENCO LSPN ACGI CPHI OPTI PBH CBPC PRCP PRTL ROCM CHTP FRP
