Novice Observation

[petrengr1]

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

[trans]

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Pet, these are big  crooks, professional wall street type.  I am amazed that intra day on balance volume, measuring accumulation or distribution, has shown IOC intra day obv at the highs of the day, such as I type this.   I figure it takes money pools trading back and forth between themselves, computer algorithms that match buys with offsetting sells, and HFT to control price.also.  Big wall street now has the ability to accumulate while driving lower,  and vice versa.   Do you really think , as reported, some big prop trading firms making money every quarter with miniscule days of losses?  They got rid of the specialist system (goldman was the largest) in favor of a better mouse trap.....for them.   The other side of the trade?  how about constantly chipped few cents out of your skin.    Have you ever noticed and felt that?  lol.....the regulators are appointed by  those who have a vested interest, imo......trans

[trans]

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Very astute observation Pet,  yes, they're accumulating imo

[petrengr1]

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Very astute observation Pet,  yes, they're accumulating imo

Thanks Trans.

[Palm]

If one wants to get an idea of what goes on in the stock market, you might read this blog entry by Mark Cuban written a few years ago. He's seen how all of this works first-hand:
http://blogmaverick.com/2013/01/10/the-stock-market-2/

[admin]

Interesting read, Palm thanks for that.

There has been an extraordinary contraction of averages and trading range

[admin]

It's almost like we're approaching singularity..

[petrengr1]

If one wants to get an idea of what goes on in the stock market, you might read this blog entry by Mark Cuban written a few years ago. He's seen how all of this works first-hand: http://blogmaverick.com/2013/01/10/the-stock-market-2/

Palm- I will add my thanks for a very interesting Blog. I guess we had better hope for some good discoveries to add value to the Company and pick  the right time to get out, before the insiders dilute the shareholder base by giving themselves options. Looks like this is already well underway but hopefully the share price will appreciate more than the insider options will dilute it.

Maybe we should send this to Hession. He needs to create some excitement about this stock so the institutions and individual shareholders would be interested in buying.  Looks like “his” road show was not very effective. Could be  because he didn’t give any answers to their questions.  Maybe if he would give us regular drilling reports and few little tidbits about what they are doing and what they are expecting we could help him out.

[Palm]

Pet,
I think there is a new road show in progress and that's going on in Asia and Neil Beveridge has brought some quality attention to IOC. PPS will not start making a sustained move up until we get exploration drilling results, clarity on the arbitration, and delineate Ant. That's a little ways off IMHO and Hession is properly incented with how he is rewarded.

It's anything but a fair market and that's why retail investors still by and large remain out of the market. Even after this bull run retail investors do not trust the markets and are way below historic percentages as far as being invested in stocks. When you read what Cuban has to say, you realize why. It takes much more work to make money in the markets than it used to, but obviously it can be done. Better do your homework though.

[jdeo1969]

I've been accumulating fwiw. The stock is trading too low imo. 4 buys recently. I completely agree that 72 is a base and as we move ahead this is a discounted stock price.