Checking in late today and catching up.
I like the chart, and it certainly shows accumulation, but it's the latest trading action that is concerning me. Yesterday we had more "buys" than "sells" -- around 88mill shares bought opposed to 15mill sold. Then in the last 60seconds 2 sell trades at .0003 totaling 95-ishmill shares!
That, I believe set the tone for today, and there were more sells ... and to top it off, again in the last 3mins in multiple orders around 88mill shares were sold (dumped).
This ticker can't sustain those kind of EOD hits for very much longer.
All this after the release of the 10-q, which was better than the last one, nothing unexpected, and it seems they're continuing with their [growth] plan.
I know shares are the currency for these acquisitions, and we're providing the financing, but there are just too many shares out there.
Hoping for better trading tomorrow.
