|Day Low/High||23.48 / 24.68|
|52 Wk Low/High||24.13 / 53.50|
PDC Energy (Nasdaq:PDCE) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at two times its average daily volume and trading down $3.42 (-7.1%).
PDC Energy (Nasdaq:PDCE) hit a new 52-week high Tuesday as it is currently trading at $51.88, above its previous 52-week high of $51.52 with 633,334 shares traded as of 3:21 p.m. ET. Average volume has been 660,300 shares over the past 30 days.
Cramer also likes PDC Energy and American Capital Agency but stay away from Hovnanian and Finistar.
Next week's game plan includes watching the Sunday talk shows to see if Congress is any closer to a deal before it goes on vacation.
Often when above-average volume moves into an equity, it precedes a large spike in volatility.
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