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FlyFishingStocks

01/31/22 3:41 PM

#368224 RE: Dancing in the dark #368223

It's completely normal. It's called absorption of the selling (as resistance of the 1/26 high was approached).

After constriction of the Bollenger Bands - representing cessation of the selling - the sh price blows out to a new upper level; rinse, repeat.

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Bolio98

01/31/22 3:42 PM

#368225 RE: Dancing in the dark #368223

It would be nice if we could crack and hold above the 3.50 level.
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lizzy241

01/31/22 3:55 PM

#368227 RE: Dancing in the dark #368223

dancing, the "smart money" is gobbling up cheap shares. The pros don't think like retail. Actually, they just want to own the stock and aren't concerned with the price but eventually, the selling will dry up then just one piece of good news and BAMM.
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tke458

01/31/22 4:16 PM

#368228 RE: Dancing in the dark #368223

Holding above the 50 day is a positive. First time it’s done that in awhile.

Denner’s involvement IMO, just put a fire under the situation and our fundamental situation (which already had many strengths - check out duke’s recent post listing several of these), has only improved!!!!!
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mrmainstreet

01/31/22 4:52 PM

#368235 RE: Dancing in the dark #368223

It's great for Denner if he's still scooping up shares. I'm impressed that he can grow his position to 6%+ and yet the share price remains in this narrow window.
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hayward

01/31/22 8:23 PM

#368260 RE: Dancing in the dark #368223

Dancing in the dark

I agree how do we go up 20 cents trading 5 , 10 , 15 million shares
and go down 20 cents on 3 million shares traded. I just dont get it !!

Michael