04-13-2013, 04:57 AM
This was found on yahoo and seems to make sense. But again its yahoo. If the Big longs knew all of this it explains why they were adding as the stock dropped in the fourth quarter. As funds become available we add with a large dip. We added yesterday as IOC approached the 200 day moving average. Low on cash so bought May calls. If the Biggest IOC owners are adding then why shouldn't a smaller fish add also. They have little doubt this happens based on watching the money trail. Doesn't require inside info but does require pattern recognition. The pattern the Bigs aren't trading they bought the fourth quarter dip. Good enough for us.Time to add. Based on the 37% stock rise in the first quarter the Bigs were adding again. Thats it buy more , sold a few losers to get the cash to add more.