Quote from Bogan7:
NLS which is nautilus inc which closed at $5.14 and trades on the NYSE averages weekly vol of 22k
I have no interest in this guys picks but you need to be able to read -- and comprehend trading data. You say its weekly volume is 22K -- that's about 4,500 shares/day. In reality its 100 times that number.
NLS has an average daily volume of 443,000 shares. Recent data:
Date Open High Low Close Volume Adj Close*
24-Jul-08 5.51 5.92 5.07 5.15 425,900 5.15
23-Jul-08 5.26 5.76 5.26 5.50 393,000 5.50
22-Jul-08 5.04 5.52 4.82 5.36 602,700 5.36
21-Jul-08 5.97 5.97 4.44 5.11 1,402,800 5.11
18-Jul-08 5.96 6.11 5.81 6.07 385,200 6.07
17-Jul-08 5.71 6.19 5.44 5.96 662,600 5.96
16-Jul-08 5.20 5.70 5.20 5.63 453,900 5.63
15-Jul-08 4.96 5.68 4.86 5.27 551,400 5.27
14-Jul-08 5.33 5.36 4.89 5.04 566,800 5.04
11-Jul-08 5.13 5.25 4.96 5.24 394,300 5.24
10-Jul-08 5.34 5.58 5.04 5.17 557,800 5.17
9-Jul-08 5.53 5.76 5.26 5.34 310,500 5.34
8-Jul-08 5.20 5.59 5.07 5.54 391,100 5.54
7-Jul-08 5.50 5.74 5.07 5.24 315,100 5.24
3-Jul-08 5.37 5.61 5.29 5.54 211,800 5.54
2-Jul-08 5.47 5.64 5.32 5.34 338,000 5.34
1-Jul-08 5.02 5.57 4.92 5.47 613,500 5.47
Better go check SNTS also -- average daily volume is about 312,000 shares.