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Re: techisbest post# 47670

Monday, 01/21/2008 11:45:51 PM

Monday, January 21, 2008 11:45:51 PM

Post# of 107353
Tech, two points i believe you are missing out on:

1. Just because the price is going down, does not mean the big money is not accumluating shares at this level at a steady clip. What it shows is that there was simply more supply than demand.

2. I would disagree with you that big money has already made money on this investment. In my experience, and i have no idea how these institutions "roll" lol, but i would assume few, if any institutions sold on the way up. They are not into taking short term tax gains and "quick flips" on their stocks. They have most likely accumulated everywhere between .50-2.00 and will continue to accumulate in this area, and then most likely sell in 1-10 years as the share price appreciates.

Just my opinion and not into getting into a big arguement, just my thoughts. Like your charting BTW
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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