Thursday, October 31, 2013 10:27:23 PM
From what I see... doubt it.
Sellers came back in or more buyers took up the slack and sellers stayed out.
Either way, if this was a sell down, it would have continued on a down trend. How would you explain over 300 Mil traded the other day and the price rise... yeah the next day you could see profit taking, but not today. There was a dip but also a bounce back... tells me, buyers want this more than sellers want out.
I don't know how long you've been trading but from the amount of Authorized versus O/S and the Float... the numbers are awesome.
This is under-priced.
Sellers came back in or more buyers took up the slack and sellers stayed out.
Either way, if this was a sell down, it would have continued on a down trend. How would you explain over 300 Mil traded the other day and the price rise... yeah the next day you could see profit taking, but not today. There was a dip but also a bounce back... tells me, buyers want this more than sellers want out.
I don't know how long you've been trading but from the amount of Authorized versus O/S and the Float... the numbers are awesome.
This is under-priced.
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