Huge spike in volume before AWP earnings release

[tminus]

I was exploring if one was able find any tell tale signs before an earnings release.
I came across AWP which were going to release their report on Aug 11th @ 4.30pm
http://www.bloomberg.com/news/2011-...ofit-jumps-53-on-higher-demand-prices-1-.html

When I looked at the day trading charts on Google there was a massive spike in volume at 3.50pm on Aug 11th.

I am still new to trading shares so I am hoping for input from experienced traders whether this is just a random coincidence, or an indication of insider trading.

 

[skyQuake]

I was exploring if one was able find any tell tale signs before an earnings release.
I came across AWP which were going to release their report on Aug 11th @ 4.30pm
http://www.bloomberg.com/news/2011-...ofit-jumps-53-on-higher-demand-prices-1-.html

When I looked at the day trading charts on Google there was a massive spike in volume at 3.50pm on Aug 11th.

I am still new to trading shares so I am hoping for input from experienced traders whether this is just a random coincidence, or an indication of insider trading.

Volume taken in isolation is seldom informative. There was a seller for that large buyer.

Also, you get what you pay for - Google charts does not show reversals. In time and sales it shows 4.5mil shares crossed (XT) at 1.80, which was immediately reversed.
27 seconds later 450k shares got crossed at 1.80 so that was the end of that. Typo by a broker.

 

[tminus]

Thanks the Yahoo graph doesn't show the spike.

I made a mistake, the symbol should be AWC not AWP.