Institutional buying has been evident for awhile now based on incremental large lots purchased. The six-month chart is changing for the better, for those who consider such things. Volume of purchase so far today is encouraging. Good luck to all. IMO.
Would have liked to seen volume hold up a little better after the last institutional buying, although volume is down pretty much across the board. If we can base around 7 that will be a good sign going forward. Hang in there young people.
I think volume will be a key to watch for the next few days. If volume continues to climb and begins to close well above average that indicates a bunch, not the least of which is fund purchasing. Anyway, been long and short for ten years with this. Good luck to all. Hopefully this lottery ticket will payoff before long.
Another swift drop to allow serious buying this morning. Then immediate recovery. Three days in a row. I think that may be accumulation, young people. Bet it happens again in the morning, or another big buy after close if pps is low enough like yesterday. Best of luck.
Thats also been happening in the mornings this week. Large purchase when pps suddenly drops and then returns.
Level II shows it clearly. Mutual funds? Who else has that kind of capital? IMHO
I am starting to accumulate VDSI, buying on dips. Apparently, so are some mutual funds, which may explain such quick drops in price accompanied with high volume. They are in an important and evolving industry and are making money although margins are less than desirable. Days like these for holders may appear bleak but I believe that the future bodes well for VDSI. If you want more level exposure to the industry, HACK is a pretty good way to invest as well.....all IMHO of course. Good luck to all.