Wednesday, February 08, 2017 3:31:19 AM
(I tend to research both sides of the coin) I did find both the charts posted from OTCshortreport and Clay's video "The Claytrader curse explained" rather interesting and revealing. It seems rather logical for the shorts to follow and mirror the spikes in anticipation of the consolidations. They don't seem too out of proportion historically to my eyes.
That still puts the longs on the right trajectory overall on the chart, but folks have to be willing to hold positions. Too many weak hands and it crumbles down into valleys...but the good news is that only just makes for a steeper ramp back up on the other side of the valley with next step up. That leads to those that bailed out freaking out because they're constantly wondering if now's the right time to get back in before the step up, or now, or how about now? ooo, what if I miss it?!? OOPS, now you're chasing the price on a steep climb. LOL! Holding stable just smoothes the wave amplitude then as it slides up/down.
Prediction=ACOL will be one stock that frays nerves, causing alternating euphoria/fear, and will have a lot of volatility over the next 12 months as it finds it's new valuation in the market with the sales/profit/market cap being released and judged. If lots enter/exit, it'll be a jagged sawtooth chart of glee and anxiety; if lots hold and wait, it'll be a smoother ride up with ripples only as folks hit exit points. All while flippers bracket the action.
Either way the company is looking great and seems to be setting itself apart from the pack of other penny stocks more and more. It'll be great to see where the market cap is a year from now. All imo.
Link for OTC Short chart=
http://otcshortreport.com/?index=ACOL&action=view
Link for Clay's curse=
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