AI
Monday, March 15, 2010 5:20:14 PM
Folks, let's get reminded a bit about the basics with this paticular play. As Monk has called this one a lockdown, that means we "lockdown the float". We do this by Accumalation. I don't care if it's at .01 or 1.00. As long as that float gets accumalated (WHICH IS HAPPENING VERY MUCH SO AT THE MOMENT).
One only needs to look at that accum/dist line and the cmf/mfi to see that this stock is getting bought! Don't fall for MM's tricks of filling ask slaps on the bid to create the feeling that their is selling going on.......... IS THERE SOME SELLING GOING ON? YES, there is some because the accum/dist tells me there is. HOWEVER, Lockdowns take time and patience.
EVCC was 14 months from start to finish.
CDIV has been going on for approx 14 months now as well.
EIGH is in it infancy stage BUT I ASSURE YOU THAT IF YOU PLAY THIS SMART, ACCUMALATE ALL YOU CAN AT THESE RANGES, YOU WILL BE ONE HAPPY MO-FO IN A FEW MONTHS. All you need to do is look at the charts of CDIV and EVCC to figure out where you would be standing in say, 2 months time............ IT'S A NO BRAINER!!!
There will always be flippers, pikers, scalpers, swing traders, and etc in these lockdown plays. Nothing you can do about that. But what you as an individual investor can do with certainty is buy what you can afford and lock them down for a higher payday.
It will prove fruitless to watch lockdowns like a hawk every single day from start to finish. I encourage the NEW PEOPLE TO DO SO as they will get an education of how these move and etc. But for the rest of the well seasoned investors, you don't have to watch tick by tick. WE come in and buy and we lock the shares away. Just that simple. WE will have gains, we will have down days, and eventually we will have a un-Godly amount of covering that will take place. That is when payday is upon us all!
So my suggestion is to buy all you can get at these levels because you will be VERY VERY HAPPY YOU DID........... Mark this post and talk with me about it in a month or two. Simple as that.
One only needs to look at that accum/dist line and the cmf/mfi to see that this stock is getting bought! Don't fall for MM's tricks of filling ask slaps on the bid to create the feeling that their is selling going on.......... IS THERE SOME SELLING GOING ON? YES, there is some because the accum/dist tells me there is. HOWEVER, Lockdowns take time and patience.
EVCC was 14 months from start to finish.
CDIV has been going on for approx 14 months now as well.
EIGH is in it infancy stage BUT I ASSURE YOU THAT IF YOU PLAY THIS SMART, ACCUMALATE ALL YOU CAN AT THESE RANGES, YOU WILL BE ONE HAPPY MO-FO IN A FEW MONTHS. All you need to do is look at the charts of CDIV and EVCC to figure out where you would be standing in say, 2 months time............ IT'S A NO BRAINER!!!
There will always be flippers, pikers, scalpers, swing traders, and etc in these lockdown plays. Nothing you can do about that. But what you as an individual investor can do with certainty is buy what you can afford and lock them down for a higher payday.
It will prove fruitless to watch lockdowns like a hawk every single day from start to finish. I encourage the NEW PEOPLE TO DO SO as they will get an education of how these move and etc. But for the rest of the well seasoned investors, you don't have to watch tick by tick. WE come in and buy and we lock the shares away. Just that simple. WE will have gains, we will have down days, and eventually we will have a un-Godly amount of covering that will take place. That is when payday is upon us all!
So my suggestion is to buy all you can get at these levels because you will be VERY VERY HAPPY YOU DID........... Mark this post and talk with me about it in a month or two. Simple as that.
