Re: Is Anonymous accumulating?
in response to
by
posted on
Feb 01, 2017 04:37PM
,,,,hummmm,,,my 2 cents on the trading by anonymous,,,,,so what!,,,,,the trading pattern is not of interest until trending can be established........if any shareholder wants out of this position they have their own specific system to do so,,,,,,,,,,what if a house wants to take a postion of 5 million shares over the next few weeks......how is that performed on buying 100 share lots or 300 share lots?,,,,best to cost average up for them,,especially if a tight window is expected before news or other.
,,,,,,the only interest I have in the trading is the buy pattern,,,,,I care less of the selling as we are all used to that activity....I have made my bed in this play and faithfully watch for strong support on upward movements,,,,,take today for example,,,,,didly shares traded,,,,,loooks like only 4000 shares give or take were bought at the ask late afternoon when we were at the $1.94 level,,,,,,so weak support at best at this level,,,,,,,,interest is the important factor for appreciation in share price,,,,,,interest will give us the support and nothing else,,,so thats what I look for,,,,are there buyers!!,,,,,,we will always have sellers.....jmo