Youngevity International Inc (fka YGYI)

[Auricgoldfinqer]

These days, (like today) could be construed as being "accumulation days".

Days when volume increases and closing prices move higher or after a downtrend like we have seen, there is no price movement but an increase in volume.

If we have accumulation, the market is controlled by buyers, and distribution days are controlled by sellers.

I don't think what we are seeing now are distribution days because the downtrend seems to have halted here in the upper teens. And the closing prices have not been moving lower the past couple of weeks.

Recently we are seeing increasing volume with no price movement up or down. (accumulation)

One so-called "truism" in the stock market is that volume will move before the price moves. It may be something we are seeing now with YGYI if the downtrend is over. The adjusted closing prices of YGYI have mostly been between 18 and 19 cents for more than a month now, and volume seems to be on the rise. I think the stock is under accumulation.

Maybe something Briskie said on a conference call will finally turn out to be true. That the investment conferences he has attended is finally attracting a new set of investors. I hope he is right.