Stock Market Alert - It was a story that was repeated often on Friday. Companies that have seen recent gains, especially smaller-cap companies that attract the interest of the momentum trading crowd, dropped on Friday as investors and short-term traders took profits ahead of the long weekend. GOAM was no different, trading down over 8% to close the regular session at $8.31. Volume was light on the day, with just over 300k shares of the stock changing hands, compared to a normal daily average volume of just over 370k shares traded. Given the light volume and approaching long weekend, I wouldn’t worry too much if you are still long.
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