ya, so I said, it is "quite unlikely", because it has zero price support and I don't see any sign of accumulation. Oh ya, 3rd possibility is what you have mentioned.
3) He asked everyone to buy so that he can sell to you. Which is really a no integrity and immoral act.
@Target888, If is like what yellowman say, do you see many sellers or someone keep selling? It has no any support, the volume everyday is so low, the price keep dropping. Think...........
@Boy Long, The selling could have been done since November 3, 2015. If you go and see the chart, where the chart fake breakout occurred, and trapped alot of contra players & those who chase high, then followed by Descending Triangle chart pattern (lower high with same support price). Best timing for operator to distribute the shares is during the formation of Descending Triangle chart pattern.
Operator could be using this chance to selloff most of his shares already (so you can't see any volume right now). Then next step, remove support and let you guys 自生自灭.
Anyway this is my most pessimistic thought, and I hope that it is not true.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yellowman
541 posts
Posted by yellowman > 2016-01-26 17:05 | Report Abuse
but do u see any collection occur? haha, ask those expert and maybe he is asking evyeone to buy and he is selling to u .