Saturday, August 07, 2010 5:55:03 PM
For instance, I won't say how much I'm holding but as of now it is a pretty big lot; and I know others are holding as well. As more people buy more shares.. there are less available shares on the market; and that alone will eventually drive the price up.
If this was a company that was majorly diluting (see SREH for example) then you would need to worry because there would be no way for enough accumulation to happen to cause the stock to rally when they are constantly printing out new shares. In non diluted stocks it is less of a concern and just an opportunity for you to pick up more shares at a cheaper price.. . provide more accumulation and make the stock that much stronger when it does breakout/rally..
but wtf do I know, all these other posters crying that the sky is falling obviously know way more than me as shown in their very detailed posts </sarcasm>.
Glad there are some people like you who do understand what I described.. and I hope others will read this and open their eyes in how the market works and why o/s and a/s is just as important as the chart and technicals. :)
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