InvestorsHub Logo
Followers 18
Posts 1829
Boards Moderated 0
Alias Born 01/11/2004

Re: abidkazi post# 7390

Friday, 04/26/2013 9:38:21 PM

Friday, April 26, 2013 9:38:21 PM

Post# of 16322
I don't really agree about the need for volume at least in the first part. Steady medium volumes is what is needed with less volatility. This would represent more longs moving on board and moving the price up slowly (actually quite fast by most stocks standards....say about 5-10% a week). That would put the squeeze on shorts slowly and result in a hard short squeeze after a few weeks of pain.

Lots of volatility at these levels right now would just attract the momo players. The volatility and the momo players getting out would be the opportunity the shorts are looking for to get out.

Best approach is to slowly turn up the heat and cook 'em slowly before they realize what is happening.

Just my opinion.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BB News