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Tuesday, February 28, 2017 11:18:24 AM
I think people are adjusting to the massive buys that have already happened in the last few weeks. Dang a LOT of shares have been gobbled up.
People have to think whether they want to sell at this point...given the the highly optimistic buying in recent weeks...wondering who is buying and why. A lot of people who were feeling shaky though have now let loose of a lot of shares and others are now less likely to let things go at the recently ridiculously low prices.
I still see upward pressure as buy offers are still substantial. Can't blame these folks for wanting shares at the lowest possible price...but a lot of the easy pickings have already been picked up with the 10's of millions of shares already purchased recently.
Looks particularly positive in that the better diving season is quickly coming upon us.
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