Consolidation in effect today, page-54

Price is detached from betting the upside.
Price as sellers in control, perhaps attached to emotion / internalized despair of the paper loss, and translated into sheep capitulation, on low volume.
Meanwhile, buyers simply stack the lines lower accumulating as this stick gets sharper and sharper.

It gets to the pointy end, when larger volumes are accumulated at minimal cost. And betting on the company able to still move forward, bets that after the capitulation, the registry is flushed of bed wetters.

We have a registry that some will be upset with the consolidation, and voting with their sell triggers.
While others understand it necessary for marketing the stock to new buyers.

Part of my accumulation is to wait for a few lines lower than my last, , etc, and keep some powder dry for the headless chooks.


Not investment advice.