In the previous trip to .50 cents. The Accumulation tralied down with it. From what I can tell the accumulation is still QUITE steady. Why is that? The Instititional holdings & MF are still at 84%. Would there be a way for them to LEAVE without being seen??? So as far as I can tell the so called "smart money" isn't going anywhere. This was my first Small Pharm play, and this is what I looked for when evaluating whether to get in; I wanted to FOLLOW the "smart money". In the PREVIOUS descent much of the "Smart money" appears to have fled as well. I do not see the same flight, unless I could be missing something.
Now, IF I say the SAME DESCENT of the accumulation, I would ALSO be looking for an exit.
Unless there is a WAY for the Institutionals & MF's to EXIT without being seen. If there IS could someone please explain HOW, so I can go look for myself.
Till THEN, I find NO REASON to look for an exit; other than my wife's HOT breath on the back of my neck when she saw the pps. My "weak hands" have been shaken soooo much I have multiple stress fractures in both, and my wife is having to type this for me. She is QUITE upset; and she has a few words to share with the SHORTERS:
$#@@%$ ((($#@@@ get off your %^^#@@@ my husband *&&^%$ you are such ()*&%%$ and if you don't &%%##$ when I @##@ see you ((& I'm gonna %$##@@*^^%#$%$@ accross the back of the head!!!!
guard, This could be an over simplification and totally off base but do you know what the update cycle is on Yahoo's page that you're getting this, "holdings & MF are still at 84%"? I'm not sure that figure moves that often or what moves it. Just a thought. If you find out I would like to know. kg
No I do NOT know that, WISH I did. But you/me make your best decision based on the information availiable. I also look at the accumulation trend on a 9 month screen on my Scottrade account. There is no huge turn down or a real turn down that I can see. When the stock went to .50 previous there was a down trend on the accumulation.
Of course I'm a novice compared to some folks here. But from what I can see we have a down trend in price with no down trend in accumulation. AND if it's mostly held by institutions then this would seem to be to me merely a short term problem, a BUYING opportunity as stated my Mike on another post.
Now, WOULD there be a way for the institutions to SELL & get OUT without the retail (us) knowing about it?? I'm sure some one would know. But I think it would STILL show up on an accumulation trend.
I just go with what DD that I can do myself, & what I can learn from others. Others have much more experience & better modes of getting info. Some day I get those fancy screens------that is if the wife lets me & a BIG win here might just put some wind in my sails.
Nope, LONG "investor" , not necesarily concerned with short girations of a stock, just LONG term trends. I intend to be in this one till buyout or BK whichever comes first. My bet is that we will see a buyout BEFORE any BK. I've been in for months now no need to exit yet. Now if the next earnings is a disaster THEN I may have to take what's left & head out.