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It's not so important what the company does

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Monksdream Member Level  Thursday, 10/05/17 07:02:56 PM
Re: Renee post# 127750
Post # of 130200 
It's not so important what the company does for revenue. Maybe it's in a sexy industry or business sector, or it's in the process of morphing itself into something sexy and exciting.

The one year chart of weekly results suggests to me that some accumulation has occurred in the past few weeks. Then in the past two weeks there has been a frontloading to initiate a markup campaign.



The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.
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