DING! DING! DING!
"STOP THE FIGHT, REF!! STOP THE FIGHT!!"
...ERTS has officially hit the 50% gain mark as of today. From $60.00 to $90.00 in three months.
...more evidence that all the SELLING in ERTS stock is causing the downside pressure last 3 months...LOL.
ERTS pulls back ever so slightly (if at all) on NDX down days, then POWERS AHEAD on NDX up days. Has been this way for many, many months.
HINT: CONTINUE TO BUY ANY DIP, NO MATTER HOW SMALL.
Easy money here, folks....there are simply No sellers.
Just for the record, for every buyer there is a seller. There are just as many sellers as buyers, since no one "creates" shares out of thin air.
I think you mean to say that buyers have to chase the price because sellers will only sell at higher prices. Of course, if it falls, there will be an equal number of buyers and sellers, however, sellers will have to sell for less because buyers will not want to pay a perceived high price.