Followers | 353 |
Posts | 13825 |
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Alias Born | 09/27/2010 |
Thursday, July 21, 2016 4:00:54 PM
Who do you think bought it all up from .50's to the .90's? The uptick in dollar volume + all the buying at the ask and massive bids that weren't showing true to size.. doubt that was retial people like us here on this board. Just wait until these small institutional buyers pick up the pace. Consider what may happen when bigger institutions get involved. They buy millions, tens or hundreds of millions, of dollars worth of stocks that trade multiple dollars+. A stock like this is a drop in the bucket. Consider also just how many of the shares here are held tightly, and buy who.
Stay very disciplined and consistent.
Find what works for you and stick with it.
Identify support/resistance ranges to buy and sell.
Invest in the fundamentals, trade the technicals.
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