RE:tree shaking.old_dog wrote:
Big money came into TLT on Friday morning and they scooped up 963,000 in the first 7 minutes. Then the orders continued in to 100's of thousand (size of orders. The next order was 475,000....and it goes on. Look at the daily trades for Friday. I'd say smart money was in their looking for and I think have purchased a stock that won't be a PENNY stock for very long. You don't pay 46 cents and buy in those size lots unless your expecting much bigger things down the road.....
it's a BUY and HOLD...and BUY some more.....
old_dog
I agree, buy and hold... 10 cents, 5 cents one way or the other doesn't bother me. I seen different houses start buying at the .215 and up mark,,, that was absolute bottom. Good positions and long ones too will give way to a steady trend up imo. (with dips of course)