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beast1423

05/30/18 11:14 AM

#47990 RE: Tjainlv #47989

The share price is consolidating, this is very good. It's basically sideways trading, setting up a good solid base. Like brojazzy said, it is very good when an OTC stock does this.
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Fiveonethree

05/30/18 12:00 PM

#47991 RE: Tjainlv #47989

people with lower cost entry points selling to people creating a group with a higher cost entry point.

The people with new higher cost entry points then hold waiting for profit, thus locking down the shares for a period and driving supply down. So as long as demand still exists, this then drives up the price.

so yes, consolidation is usually a good thing.