Stock accumulation! I own a fair amout of shares i
Post# of 56323
Posted On: 03/04/2014 7:20:44 AM
Stock accumulation! I own a fair amout of shares in FITX. Many of us claim to keep buying on dips and are not selling. The average volume is around 100,000,000 shares a day for well over a month. At these prices and with people getting in and claiming they are not sellers, shouldn't us longs have accumulated close to 2 billion outstanding shares already. For larger share holders to accumulate 10,000.000 shares should be no problem.
I know shorts can still borrow shares on margin accounts. Not sure about the new ruling I heard coming out this month and what will happen.
My question is, with so many shares already accumulated and not many selling, how can the price go down in the future? I am a long term player and even at $1.00 a share would not sell. Too many positive things are going to happen with FITX.
I know shorts can still borrow shares on margin accounts. Not sure about the new ruling I heard coming out this month and what will happen.
My question is, with so many shares already accumulated and not many selling, how can the price go down in the future? I am a long term player and even at $1.00 a share would not sell. Too many positive things are going to happen with FITX.
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