Greg,
Damn, if I ever have a public company, I hope you are one of my cheerleaders.
I caught the up wave on TFONY in the late eighties. I noticed extremely high volume on a daily basis. The price was not moving. Why? I believe insiders where accumulating the stock. I bought and held. Later, I was rewarded.
In the beginning of 93, I noticed volume spikes in IBM. I did my research and ran my technicals...and declared, IBM was bottoming. It took over a year for IBM to make its turn...but it did. Again, I was rewarded.
If you have done your homework and truly believe SYQT is ripe, just because the price has not moved after this major increase in volume, be patient. The specialist that controls the price, is not ready to move the price, yet.
Volume does not move price! The specialist does!!!!
Regards,
LG |
