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IBDvalueinvestin (99.66)

Shocking volume on CNLG "Float has turned over 8x intra-day" so far today

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February 01, 2010 – Comments (0)

The volume surge first started on Jan. 27th when they announced production started for "GlowWorm"

I am assuming that many could be entering the stock on hopes that news will follow on who will be buying "GlowWorm" otherwise why start production so quickly.

 

Conolog Announces Start of Production of its "GlowWorm" Fiber Optic Detector
Business Wire(Wed, Jan 27)

 

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