Has anybody ever looked at the accum/dist line? Its saying this stock is being dumped. Its not an upward trending line as the share price is.. The accum/dist line should coincide with the share price climbing as it has been the last few months..It's not and that's what I find so odd. I don't know what to make of it....
Scared? See Rockaway's reply below and your whining here. That kind of capitulation is often what is needed, before a stock can move higher.
Market Makers often walk a stock down to clear stop losses set by Newbie Amateur Day Traders to acquire shares cheap, before they let it run higher. They like to get weak hands to sell. This allows bigger players to accumulate at lower prices for the real move. Sometimes, big money is accumulating more shares via Dark Pools to avoid telegraphing their intent, and the buying could even be stronger than the selling. You just don't get to see it.
Yahoo Boards are a great contrarian indicator. I like to watch for the mood to turn sour and for shorts / put speculators to celebrate. That is a good clue that selling is near completion.