Paying attention to big intra-day buying...

Hey guys, this is especially important!

If you are wondering if a stock that you want to buy is being scooped up by institutions and big money players, you need to see some big block buys going thru the bid.

SLXA for instance has been hammered the last few days (the private stock placement and the quick run-up did more damage than good). Still the stock did not fall on extraordinary high volume (which would signal a massive sell off). Instead it fell with average volume (not a bad sign). And today, I see a few big buys in the 2500 share range (also a good sign). So I believe that by taking a look at those factors, you can assess how a stock is hanging in on less than ideal moments. The same can be said about QDEL. Although it dipped 20 cents from yesterdays impressive run, the stock is still peppered with big institutional buys (thousands of shares), while the sells are few and smaller (indicating some profit taking from regular investors and traders).