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Re: Cologne9672 post# 53964

Thursday, 09/14/2023 10:56:46 AM

Thursday, September 14, 2023 10:56:46 AM

Post# of 54900
My buys have been a tiny fraction of the volume since Sept 2021…and all my buys have been at the ask. There has been at least one other entity buying large numbers of shares at the bid, which is indicative of brokers/insiders accumulating, not retail. They could be from any country.

This ticker did go through an accumulation and expansion phase fairly recently. Just look at the chart. Between 2015-2020, many shares were accumulated…and a good chunk of them while it was trading in the Grey market. Late 2020-mid 2021 was a significant expansion, then distribution.

In my opinion, this ticker has been in an accumulation phase again since Sept 2021 and I’m fortunate enough to join in. My assessment is that this will eventually fully trade again (for whatever reason) and I’ll be able to enjoy the fruits of my patience.