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Don't worry I'n on your team and I

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Traderfan Member Level  Wednesday, 09/19/18 02:46:24 PM
Re: mrdrifter post# 832
Post # of 879 
Don't worry I'n on your team and I have no interest in more shares here until the company speaks up. I don't trust the accumulation line, it can easily be manipulated, I do this for a long time and I have seen so many times that people use this explanation for a positive argument but it means little really in many cases. Not all the time but in many cases. Stocks go to trips from cents with a "great" accumulation line and suddenly people wonder what happened. I don't trust it at all. This "someone is loading" is another ihub term which means little. Of course someone is buying the shares which someone is selling with hard bid whacking 20-50% cheaper than the day before. And that goes on for some time now. That's not loading, it's someone unloading for some reason and some bargain hunter try to make a bet and got burned bad lately. That said to be fair SETO is not the only low floater who has this action lately. Lot's of dumping in low floaters out there in the last few weeks for whatever reason and with zero regard on price. Though SETO is one of the hardest hit.



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