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Re: dramatrader post# 41988

Monday, 08/21/2017 9:45:17 AM

Monday, August 21, 2017 9:45:17 AM

Post# of 61155
Good to know you concur dramtrader as I'm not real chart savvy but have been watching this stock closely and the article you posted strongly supports the theory I've had for a good while. It appears I'm a "Wyckoffian" and didn't even know it lol... The footprint is clearly evident:
1. Exceptation company will experience dynamic growth.
2. Selling climax & low pps reached through dilution.
3. High volume & Strong accumulation of shares at low pps.
4. Public becomes pessimistic due to low pps.
5. Volume diminishing over last few days.
6. Retail investors giving up.
7. Final act of a new low of pps.
Given this it's now my opinion that the recent increase when the pps went to .001 could have been a check on the advance and an effort to estimate available shares.
IMO everyone reading this needs to lock up your shares and hold tight for the ride as we could be close to entering the final Spring stage as mentioned in the article and could soon see a substantial increase in the pps. Of course this is just my opinion so by all means invest or hold at your own risk. See everyone in Vegas baby!
$MMEG
LINK TO ARTICLE:
https://stockcharts.com/articles/wyckoff/2015/06/accumulation-phase-absorbing-stock-like-a-sponge.html

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