Searchlight Resources Inc (SCLTF)

[SuperC]

CNYC here's in part why I posted here in the 1st place. Yes I've read through numerous posts and understand how neutral this stock has been in regards to accumulation.

There have been buys, there have been sells.

The last 30 days up to Friday http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=5616&i=CNYCD&pv=recent-symbols&pp=CNYCD#&&vs=634893845381888637

Not much right?
Only two days I think where volume was over 200k, but did that affect the A/D?

It's a bit difficult since I've had too diminish screen size but you can see no change in the last 30 days or so up until Friday. Read below after scanning the A/D



On the 21st of Nov the 1_Month A/D was a negative 2.77k
End of day the 23th Friday the A/D was positive 820.08k
This is in line with volume.
So the A/D shot up w/volume. In other words all buys including what's considered 'neutral volume'.

Or you can look at it from this chart, same outcome: http://stockcharts.com/c-sc/sc?s=CNYC&p=d&b=5&g=0&id=p17970548896

Or this: http://stockcharts.com/c-sc/sc?s=CNYC&p=D&yr=0&mn=12&dy=0&i=p64411322788&r=1346427564235

The point is Friday's tape shows what I consider a very serious Front_Load by a few or many, that part doesn't matter.

Also if you look at the 10 day moving average, which helps identify extreme volume changes whereas front-loading is a very good possibility...

CNYC .07 823k vs 9k_ volume 10dayavg
That's about 91x that is extreme!

On top of that you had a buy as stated of approx. $27,000.00 at .07

Here's another way to look at this prescribing what I consider pre-event mode. That is someone, some entity, MM/Group also considered in this knows something we don't. If you consider even the 6_Month accumulation/distribution levels, what do you see? http://stockcharts.com/c-sc/sc?s=CNYC&p=d&b=4&g=0&id=p17970548896

Only until 10/17 forward.... are there signs CNYC is being accumulated.

From the 16th of Oct all the way back as shown above the A/D hovered between 16k and 60k approx, back and forth.

From the 17th thru EOD Friday the 6_Month A/D now stands at 1.42 million as shown below. 95% of that has come in the last 30 days... :)



Remember too just because this is being accumulated or any other stock for that matter doesn't mean the PPS moves immediately.
This is what throws investors off, they see the volume but they should but don't see the PPS change. The MM/Group as you know are very good at that until....

Patience Pays $$$ if it's a good solid play.

I'm here for a trade, profit, then hold the rest.

sc