It is much easier to sound wise and knowledgeable when talking negative about the market in general and a stock in particular! There is a whole laundry list of reasons for the equity markets to be falling, but instead, markets are rising!
One of the many mysteries, in my opinion. I'd guess it is someone or some entity trying to start a fire without getting burned his/then selves.Surly the pattern does not at all signify something psoitive or negative about to occur.
Otherwise this is just another question/issue that is well avove my pay grade.
BTW this Jason Bond fellow who presumably has a relatively large investment .. what the hell is that all about I wonder.
Forget about manipulation….the volume on Friday was 2x the ADV for the last 90 days but the dollars aren’t enough to make it worthwhile. It’s the “normal” run up just prior to an anticipated earnings release.
One of these days there will be something positive coming from the company…don’t know if it’s on the golf venture or a domestic partnership or an initial royalty/license fee or whatever but we are overdue. It’s going to happen and an influx of $50k or $250k will become a drop in the bucket.
Watch for a change in sentiment…read “The Madness of Crowds” for insight.