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LVLT, why the high volume?


DaveinJapan said: "Just curious, I noticed that LVLT seems to consistantly have extremely high volume compared to most other stocks (at least the ones I watch), even after hours etc... Is there any particular reason for this?"

Harry said: "[QUOTE=DaveinJapan]Just curious, I noticed that LVLT seems to consistantly have extremely high volume compared to most other stocks (at least the ones I watch), even after hours etc... Is there any particular reason for this?[/QUOTE] It's a highly speculative stock that goes up and down alot. Since the new year it's been my best investment. I keep selling high and rebuying low. I liked this company since it was selling chips for DirecTV boxes early last year. I can't believe how far it's gone. Cramer's been plauding it's speculative growth in regards as a bandwidth resource."

thezster said: "[QUOTE=Harry]It's a highly speculative stock that goes up and down alot. Since the new year it's been my best investment. I keep selling high and rebuying low. .[/QUOTE] WHAT?????????? Harry is trading??????? OMIGOD - we're getting a convert..... :th_angelsmiley4:"

Harry said: "[QUOTE=thezster]WHAT?????????? Harry is trading??????? OMIGOD - we're getting a convert..... :th_angelsmiley4:[/QUOTE] LOL... It my 10% risk money. These trades take days to weeks. LVLT is 6.03 right now...I'm hoping for 5.93 for my limit buy to kick in."

Harry said: "Correction, LVLT now 6.20. My buy won't kick in but my sell soon might. :) ...and yes LVLT's volume was mighty high. It was matching AAPL which didn't do much even with the rally."

Rbreb13 said: "If you can get the right entry and hold for a few days at most its been a good swing trade. I missed todays action but I've played this twice in the past 4 weeks and banked a couple hundred plus each time. I'm like Harry, buy @ $6 or below and wait it out. Its also not a bad stock to actually be in. They keep reducing their debt and I expect this to be @$10+ by the end of the year."

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