RE: RE: RE: RE: RE: RE: Our Good Buddy Joe Yesterdthat's a good point. hope you are right.
My take is though that their need to sell as always been outweighed by their need to let it run. The charts do back me up on that thought. To let it run into the 50s it would have taken some buying, and they have always been sellers.
The accumulation theory could very well be a correct one. Certainly, the consolidation period for this stock is about as long as I have ever seen. Extremely rare that the consolidation takes this much time, and with so many false starts too. The BB have been so tight at times, it is remarkable. Right now, the range is extremely tight too.