Thank you Irvinsully. I appreciate you assistance. This will be my first post, discounting your synopsis and the post I made through Yo Yo earlier. I prepared this post earlier in the day and intended it as some small measure in heading off the sell off today. While it is somewhat dated, I will post it in its entirety for what ever value it may have. Here goes.
"I call your attention to the volume traded in CSMA when we were experiencing the wide up and down swings in stock pricing. The volume was relatively constant, indicating in and out by day traders. When we did not see a large increase after the last drop, indications are that day traders did not re enter, thus, the relatively light trading for the past few days. The current drop in price indicates that long term holders are fearful of a sustained drop in pricing and are selling. Note that even small volume now causes the price to drop. Continued selling will cause continued droping. I understant that many on this thread may be tapped out and cannot continue to buy. Of course, buying is the best way to increase pricing, especially in this stock. If buying is not practical, perhaps serious thought should be given to simply holding for the long term, or at least for the near term. The fundamentals for this company appear positive with little negative to date. Long term (relative long term) could prove profitable. Danger to long term holders who sell now is that day traders may again enter and push the price up, and they very probably will, causing sellers to loose the opportunity to again re enter at favorable pricing, or indeed, psychology might prevent them from re entering at all, thus loosing any opportunity to profit from the anticipated price rise. Just some thought. Again, do your own research and analysis. ltwwire1. Shareholder.
P.S. I have enjoyed your thread. Thank you Very much for the enlighting experience. |
