InvestorsHub Logo
Followers 2229
Posts 20748
Boards Moderated 0
Alias Born 04/13/2006

Re: None

Friday, 10/31/2014 12:29:44 PM

Friday, October 31, 2014 12:29:44 PM

Post# of 14303
Well, you know that there is only one thing that trumps charts, and, this constant sell pressure can only be one thing, dilution.

I was taking close attention to the ask, and, there were several trades on the ask, higher than the number that is showed, and, it doesn't change, so there are hidden shares on the ask, and, this is one of the signals of dilution.

Rigt now you can see 3 trades of 2500 shares on the ask, the ask was 2500 shares, and, it is still there.

So if the shares of the people that invested in the company are blocked, the company is diluting. It is not much, but, it is enough to stop a run, at least it was until now.

Take close attention to the ask, and, you will see.

Cheers
Dr Pennystock

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DRIO News