Said it once and will say it again,,
The singular thing that is holding the SO down more than anything else is inordinate ammount
and number of sellers,,,
Why they do not pull their sells is astounding stupidity IMHO,,
In any equity where volumes are shown way in advance,,as a way of some muppets sitting back
and dreaming about how much they could make,,or those that bought higher,,and are qauking in the
boots,in the hope that they will get even,,are only doing one thing and one thing alone...
They are shooting their own toes...
As time goes on and Co price continues to go up,, the economics of what UTR has in its corner
will garner significant ramifications.
So peeps if ya want to see the price move to a fair value,,one would suggest you as individuals consider
how the skewed market depth is effecting your indiviual potential for profits...
And if you dont understand what you just read,, go buy a lottery ticket,as you may be the sort that could do better at that then trading stocks...
Sometimes frank and hard words are needed, but the market is frank and hard,,so to do well
you have to first understand and know how to use dynamics,of supply and demand..
Ergo less supply= more demand = price movement...
Case in point,,
An orange seller has a truck full out the back,,and drives it round to the front.
to where the orange seller has a sale with oranges at 5 for a $1
The buyer come along and see the truck load,,and offer the seller $0.50 for 5 knowing he has to get rid of a lot..
Next day the orange seller keeps the truck out back,and puts up a new sign.
Oranges at 3 for $1 and the buyers come back and think,, Ohhhh
must be running out of oranges,, so they buy the lot...
But told ya all this some time back,,and by now most of those who wish to sell have
sullied their own nests,,till the next ann,,of further orders or MOU's..
Yep see,some spout about how much funds are in the kitty,,and other such thing,,
but forget that a factory is already in place,,with cheap labor costs as part of the equation,
and it only takes minor retooling that most military budgets are more than apt at covering.
