I know what your saying. I'm saying the chart doesn't matter...

  1. 267 Posts.
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    I know what your saying. I'm saying the chart doesn't matter because its too illiquid.

    I assume you aren't here to pip trade on low volume...

    I and others I know tend to ignore technical analysis on illiquid stocks with low trading volume (I am not a trader). By doing this you have to place a greater importance on fundamentals.

    You have chosen to exit this stock based on what you believe to be one seller, and forgo what is possibly a tremendous and highly certain outcome.

    I would never make a decision to exit a stock based on one seller unless I could prove beyond reasonable doubt that the seller is smart money, or someone with an inside word (BOD or affiliates), and even then I wouldn't completely exit.

    There are stocks I hold that have a much more uncertain future that require much more research to make them a comfortable hold (albeit they have some of the best upside I have seen to date). This stock is an absolute breeze in comparison!

 
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