Hey guys, thought it might be interesting to start a thread on stocks showing possible signs of Accumulation, Distribution or None of the Above.
Quick definitions -
Accumulation - Buying of stock over a period of time by institutional or professional investors in order to avoid raising the share price with one large purchase.
Distribution - The systematic sale of a large amount by a single entity over a period of time rather than all at once, to avoid putting downward pressure on the price.
None of the Above - Day traders churning stock to each other. LOL
Ill start with a chart of MOF that I picked up from another thread. You can see that from mid December there's been a massive increase in volume and more so since mid march where more then 1.3billion shares (4.2billion on issue) have changed hands within a tight 0.06cent trading range.
Is someone accumulating? Is there distribution going on? Or are day traders simply churning stock?