InvestorsHub Logo
Followers 96
Posts 3761
Boards Moderated 4
Alias Born 02/26/2014

Re: koolmc post# 40678

Thursday, 04/17/2014 9:37:36 PM

Thursday, April 17, 2014 9:37:36 PM

Post# of 90352
Don't look at the Accumulation/Distribution line. That had me confused too. Look at On Balance Volume That will tell you what kind of accumulation or distribution has happened. Look up accum/dist it's an indicator based on a formula, not an actual track record of whether more shares are being held or not. A one month chart with On Balance Volume will show you that when we went on the last run, there was an 800 million share accumulation, and since, about 200 million has sold off, that means 600 million is still holding since a few weeks ago and If I had to guess, since a lot was accumulated during the run, that the average is probably .0008 per share. That's almost a half million dollars betting on what is coming. Only a fool would sell at a loss right now.

Rock Solid Development - Strategic Asset Development for a Dominant Future