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Re: None

Wednesday, 10/27/2010 9:36:26 AM

Wednesday, October 27, 2010 9:36:26 AM

Post# of 165854
Lack of demand alone cannot cause the SP to drop. Only sellers can do that. If they are sellers who bought at a lower price than their selling price, then that is reasonable.....and eventually those shares will be in stronger hands. However, if they are sellers who bought at a higher price, and are now selling at a loss, IMO that is not as good a situation. Even so, eventually the shares will be in stronger hands.....it will just take longer for the declining SP to turn around. I really believe that there is a lot of desire for the shares......but those of us who want more have probably already used up their funds. I would bet that as soon as an order for a significant amount of shares is placed, the SP will rise, and maybe dramatically. You can say all you want about charts and TA and wind direction and the state of the moon, but IMO the greatest driver of the SP is demand.