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JMURILLO

05/17/17 10:26 PM

#21351 RE: docprep #21347

If I was given a dollar every time someone said a stock was consolidated on here I wouldn't even be into stocks. Lol
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Felo31

05/17/17 10:27 PM

#21353 RE: docprep #21347

I understood it in the following way:

Many people bought into the stock, but a few got scared when it started dropping and sold. The ones who were already invested in a "long" position got the chance to buy even more shares at a low price. The shares sold were consolidated into the hands of investors with "long" positions. At least a number of them were.