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Re: golong22 post# 60159

Thursday, 04/16/2015 1:44:40 PM

Thursday, April 16, 2015 1:44:40 PM

Post# of 132363
I do not agree with that one bit based on experience in the market. I know when a company is diluting and what market makers are used from experience. The action is entirely retail and as the saying goes, volume always precedes price. We already know that big changes are being made here and this is just the beginning. I suppose growing pains are expected with any heavily shorted stock with a new direction but I have a good feeling that those objections will be overcome soon enough.

I love bottom plays and a stock building momentum at .0001 is a pretty safe bet for me. I call plays like this, easy money as even the wind can bring this to a 10 bagger from here. It's almost a no brainer.

Here is a good read about volume and accumulation. Check it out, if you like. http://www.forbes.com/sites/tomaspray/2014/01/11/volume-always-precedes-price/

Happy Trading.