Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Friday, April 22, 2011

Focus Lumber IPO oversubscribed 64 times

Focus Lumber Bhd which is enroute to a listing on the Main Market of Bursa Malaysia, registered an oversubscription of 63.92 times for the six million shares offered for public subscription.

Read more: Focus Lumber IPO oversubscribed 64 times

28.04.11 Listing day performance!

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