Oct. 24 at 4:47 PM
$DCGO Some of you who are smart on Charts - you're probably seeing the light on my advice here. Every Green Candle of significance is immediately followed by a Red Candle of nearly equal value. Institutions and Funds are offloading shares when any buying pressure comes into the stock. A few days back, after the Acquisition news, we had a 40M share volume day, and even though Retail Momentum Traders came in here "heavy" along with some small firms (some may have been Boiler Rooms hired by those Institutions wanting to sell their DCGO off at a better price btw) -- and that action was like a repetitive "frontal assault" that was repelled over, and over, and over again, because no matter the buying, there was always selling action to meet it head on. Look at Outstanding shares, and that 53% of those shares are held by Institutions/Funds, so well over 40M shares have been "on the line" to be sold this month. That - is why this is NOT a day-trading stock, and it is better to buy-and-hold.
