RE:Accumulation Phase; Absorbing Stock Like a SpongeMany including myself appreciate true long's posts especially lately.
We need more true longs to rise up!
Putting these bashers on ignore only empowers them to run the table as they push their soft bash misinformation compaign etc.... especially here on SH.
I strongly encourage all longs to rise up as there are far more good people than the bashers out there. NOT looking for pumping...just facts!
“The only thing necessary for the triumph of evil is for good men to do nothing.” Edmund Burke
developbc wrote: Very good article someone posted on ceo.ca about how hedge funds work to accumate at favorable prices on companies they expect will experience dynamic growth and much higher sp. Their tactics are very real. December is almost the perfect time as it is one of the slowest times of the year around Christmas...I wished I had more dry powder. Just very thankful of my position I will continue to hold. Stratosphere awaits :)
Accumulation Phase: Absorbing Stock Like a Sponge What are the conditions that need to be in place prior to a long and sustained rally in a stock? That is an important question to ask because it is not a random accident when a stock rises bigger, better and faster compared to most other stocks. When large, informed interests (Composite Operator) determine that the stock of a company will be a substantial holding in their portfolio, a campaign is planned. The purpose is to acquire a large number of shares at a favorable price with the expectation that the company will experience dynamic growth and propel the stock price to a much higher level.
https://stockcharts.com/articles/wyckoff/2015/06/accumulation-phase-absorbing-stock-like-a-sponge.html