Just an observation of late, and was wondering if anyone has noticed the same.
I have a watchlist of 25 stocks that could be called spec. In the last couple weeks anywhere between 3 - 10 of them do not trade in a day, and they're not in halts. Some are normally illiquid, but up till a month ago they all used to have at least a few trades in a day at a minimum.
Obviously specs are not in favour but i guess you could take this one of two ways:
1. No one is willing to buy anymore and it will be a long lonely road till any recovery in the micro cap sector.
2. All the fear and panic selling is finished (hence the zero volumes) and it may be a good time to buy.
Any VSA techies out there care to enlighten as to what no, or miniscule volume generally means? (Im aware VSA is best for highly liquid stocks)