The following is a list of companies and funds that have met certain criteria for volume off the high candidates. For a reminder, volume off the high candidates exhibit a pullback off recent highs (typically after increasing significantly for some time period) on very heavy volume. For more details, see my post here.
Kapstone Paper & Packaging- KS
MCG Capital- MCGC
NFJ Dividend, Interest & Premium Strategy Fund- NFJ
Spirit Aerosystems- SPR
TRC- TRR
Ascent Solar Tech- ASTI
1800-Flowers- FLWS
Prospect Capital- PSEC
In theory, companies and funds selling off from the high on heavy volume may represent large operators getting out of an investment ahead of bad news. Remember, someone always knows something more than you. This volume/price setup is one way investors can physically see that information bifurcation.
Kapstone Paper & Packaging- KS
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