Yes, first "posted" chart. As in your example, a few huge volume days are needed to move this. Using TA, (currently) this chart is screaming "DO NOT Buy"...Keep in mind, I am talking short term here, as a trader...
In a longer term approach, one may want to scoop up more shares when we break (multiple days) our normal daily averages...Those that do not care and choose to buy shares "whenever" are acknowledging they are buying on the ride down...You may be going "Long" here, but you can always make better "buy" decision's.
Eric already made it known that he prefers Investor's over trader's, so that goes to show he is not looking for trader's, IMO. So all the days of wishing and hoping that trader's (volume) would appear out of nowhere are over for me. Fact is, the only people interested in WNBD, as of now, are Investor's, as preferred.
Hopefully he learns that the people who inevitably move stock's upward's, are Trader's, who may Invest some shares(let some ride) if given good reason(causing a higher base). THAT Good reason is what I believe he is working on right now; all before he call's on the PPS Mover's.(stock promotion)
The PR's "we" see, on what seems like a weekly basis, obviously are great in an Investor's eyes. However, a trader want's NA's, Great/highly improved Financials, or other MAJOR news. The PPS will not walk the same path the company walks in until trader's walk alongside. ALL IMO.
