Heavy Stock AccumulationHarp''s two week visit in China should be about up. There has been no NR's for two months yet the stock for the last four weeks grinds higher. It seems to me that some professional institutions have been quietly accumulating the stock. What I have been seeing now is big block trades (for this stock) are going through on the Ask for many days. This accumulation is being done to allow the Ask to refresh with volume before buying them up. My guess is that when no more shares in size line up at the Ask, then the accumulators raise their bid up a few pennies to let the whole process start again. Since mid-October, I think you would be hard pressed to find a better performing stock anywhere than Douglas. With this tireless accumulation going on, I would suspect any solidly good news would cause the stock to surge a dime or more. Come on Harp, tell us what's going on?
Douglas Lake Chart:
https://stockcharts.com/h-sc/ui?s=DLKM&p=D&yr=0&mn=6&dy=0&id=p44276638834&a=141407390&listNum=3