RE:Sell in May & Go Away is fast approaching. H&S for Bev!!??!!1 other thing, even with Bev falling back 50% from it's recent high, it is still worth twice what Tinley is worth today
Now back to Tinley you go. We;ve got nothing to brag about over there. I bought in Oct 2016 with my 1st purchase at ..375 and today I can buy Tinley at, wait for it, .375
scotianbot wrote: What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
Some investors find this strategy more rewarding than staying in the equity markets throughout the year. They subscribe to the belief that, as warm weather sets in, low volumes and the lack of market participants (presumably on vacations) can make for a somewhat riskier, or at a minimum lackluster, market period.
Sell in May & Go Away Definition, Click Here!!!
It appears as though BEV is breaking down from an H&S pattern, BevCanna Head & Shoulders breakdown, Chart Here, Click Here!!!