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VOLUME(+): FRLK Volume 300% > 20-adsv, Stock +1.33%
WEDNESDAY, JANUARY 07, 2004 02:59 PM
This is the 1st VOLUME alert for FRLK in the past 7 calendar days.
Trading for Forlink Software Corporation Inc. (OTCBB: FRLK) has been heavier than usual in today's session. By 15:00 ET, the stock had already traded 445,900 shares via 31 trades. The cumulative volume is 300.18% above its 20-day average of 111,425. Normally the stock experiences around 9 individual trades per session.
So far, today's volume surge has caused a net rise in FRLK's stock price. At the time of this alert, the stock was trading at $0.380, up $0.005 (+1.33%).
One year ago, the Company's shares closed at $0.050. The price has gained more than 660 percent since then.
Over the last 10 trading session FRLK has traded in a range between $0.280 and $0.380 and is currently trading 15.56% below its 52-week high of $0.450 set on October 30, 2003 and 985.71% above its 52-week low of $0.035 from February 27, 2003.
In the previous 3 sessions, FRLK trading has displayed a positive trend. Closing results have been as follows:
January 06, 2004 --- closed at $0.375 up $0.015 (+4.17%) on 208,200 shares January 05, 2004 --- closed at $0.360 up $0.025 (+7.46%) on 409,800 shares January 02, 2004 --- closed at $0.335 up $0.005 (+1.52%) on 270,000 shares
The Company last released news on January 07, 2004 (today):
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