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Unusually High Volume Movers (MDM,CBBO,FRGB)
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Trading Ideas
Posted on 09/18/09 at 11:50am by Benzinga Staff15
Following are the few stocks which are moving up without any news on very unusual volume - this normally signals that either there is some news in pipeline or someone is speculating those stocks: –
Mountain Province Diamonds, Inc. (AMEX: MDM) spurted 34% with a volume of 684K shares against an average volume of 19K shares – over 35X. Currently the stock is stock is trading at $2.26, well above it 50-day and 200-day EMA.
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