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The float was 28 million shares, so there are only 28 million shares available to trade that's certainly under the 50 million cut off. and combined with a really strong catalyst, there was a huge imbalance between supply and demand. and that in turn resulted in very high relative volume. So relative volume? This is simply oops, sorry, relative volume right here.
This is simply the volume today versus what is average for a stock over the last 14 days. So if a stock over the last 14 days has been trading on average with a hundred thousand shares a day, and today is trading 150 000 shares, its volume relative volume is 1.5 200 000 shares would be a relative volume of two, right? So, and it goes on so on and so forth. I Focus on stocks with at least two times relative volume I Prefer five times relative volume. All right.
So a stock will have five times relative volume.
So it was an oops purchase. Smh