InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,468.77
(
0.38%
)
US TECH 100
19,167.20
(
1.10%
)
Dow Jones
39,122.30
(
-0.73%
)
Brent Oil
84.20
(
-1.26%
)
Bitcoin
61,876.31
(
2.68%
)
Post# of 4972899
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

EDWARD STEVENSON

Send PM Follow Ignore
Followers 278
Posts 16774
Boards Moderated 1
Alias Born 07/19/2008

EDWARD STEVENSON

Re: Zer0Veritas post# 1867344

Sunday, 06/06/2010 12:46:34 PM

Sunday, June 06, 2010 12:46:34 PM

Post# of 4972899
"how is 25% drop not consolidation?"

Consolidation implies sideways trading, meaning limited movement to both the upside and downside. A 25% drop in price per share is quite excessive to be categorized as 'consolidation', unless you'd like to believe that any move down is consolidation. Try feeding your line to the guy who bought at the top, who finds his investment down 51%.

"Oh no worries sir, it's just consolidating"!

Click to visit us for overlooked trading & undervalued investing ideas.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up