Stock Of The Day: Is PayPal Finally Coming Back To Life?

Traders should pay attention when things hit extremes. For example, on February 3, 135 million shares of PayPal traded. This was the highest single-day trading volume since PayPal went public.This appears to have been a bullish dynamic for the stock. It shows that the sellers capitulated. They got so frustrated with watching the price fall that they decided to sell all of their shares regardless of the price.After the dust settled, some investors and traders came to think that the news that drove PayPal low ...