"The volume for NOT over the last three days has been the lowest for many weeks:
DEC 3 - 528,788 NOV 30 - 520,044 NOV 29 - 429,862
The average daily volume for the previous six weeks was probably close to 2 million shares.
So what's up? And does it mean anything for Spider Resources? Any ideas?
Snug"
No one's really selling (waiting for news and a move up)
No one's really buying (waiting for the opportunity to get it cheaper before it goes up)
If we get NOT news soon then we'll leave the buyers behind, if we don't, we'll lose some shares to the bargain hunters perhaps.... but not for long.
Low volume often anticipates some kind of move doesn't it .... so if the news is good .......