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Wednesday, May 02, 2012 5:01:50 PM
When you read these three:
http://stockcharts.com/c-sc/sc?s=arnh&p=d&b=22&g=0&id=p17970548896
http://stockcharts.com/c-sc/sc?s=arnh&p=d&b=44&g=0&id=p17970548896
http://stockcharts.com/c-sc/sc?s=arnh&p=d&b=6&g=0&id=p17970548896
What do all three have in common besides having the crap shorted out of it over an extended period of time?
Accumulation/Distribution
1_Month was a negative 1.05 million as of May 1st
1_Month close today a negative 751k
Since approx. 4/9 ARNH volume has been about 4x below it's usual 10dayavg-volume.
Shorting + selling on low volume days, yet the A/D finishes up today.
I personally don't follow this stock just stating what's on tape.
But it's obvious that no matter what management states until MM's/Brokers/Buds are finished with this one it may continue too fall a bit more.
Interesting news.... I'll be watching for a bottom, which looks close.
Patience always PAYS $$$
I try and teach that too the beginners but they just won't listen, lol
No comments, just observing
sc
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