From the morning opening bell at 9am to 10.42am, there wasn't any trade done on Cordlife and the stock was pretty dead without any buyers/sellers. Suddenly at 10.43am, the stock experienced a 16.88 million shares done at 0.525 and the stock flew up fast and started to attract a lot of buyers/sellers to start trading this counter. See the time and sales, the stock had bites almost every min and as of now it recorded like 17% where it recorded 20% earlier when it touched a high of 0.625. It signal something big is coming and some major news might be releasing.
Cordlife is a slow, no activity and less traded stock. But today, it's in the Top 1 in the Top Volume with fireworks which could spell more higher price to come since buyers were willing to take up each level of high price? I will be trading this counter at the next turning point.
Ronald K - Market Psychologist - A Stock Market Opportunist
