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StockScout1

01/25/14 2:00 PM

#92178 RE: twodips #92149

That is definitely an interesting thought! I hadn't really got that far with my thought process. Thanks for the idea. I will see if it fly's? I think it will though.

Jan. 16 35M NEW shares added to market
Jan. 17 Accumulation went up 36M shares on run to .0021
Jan. 21 14.4M NEW shares added to market Accumulation went down 25M on way to NEW HIGH .0024
Jan. 22 Open and Closed .0019 Added 19M shares to Accumulation
Jan. 23 Open at .0018 Closed at .0017 Added 10M more shares to Accumulation
Jan. 24 Open at .0015 Closed at .0016 while Adding 51M NEW shares to market and Accumulation moved down 10M shares.

All in all your idea is doable. Someone is buying these shares up as soon as they hit the market. This was shown a week ago Friday.
The chart validates this, while accumulation is increasing overall and the accum/dist 50 MA REMAINS FLAT.
In the meantime the RSI remains relatively flat around 45.
Just waiting for the rest of the 40M shares to get bought up and then this stock will take off.


http://stockcharts.com/h-sc/ui?s=MINE&p=D&yr=0&mn=0&dy=9&id=p22911895235