Feb. 20 at 5:26 PM
$FBGL When a stock starts "barcoding"—characterized by extremely tight, horizontal, and repetitive price movements with low volatility—it is very often a sign of institutional accumulation or, conversely, institutional distribution, rather than retail activity.
The price action is starting to resemble this. Not saying it is happening, however low volume the price wont just drop? Any stock that has low volume like this drops not climbs.
Just a guess, but looks like someone is buying every sell. in this play. I wonder if we see SEC files soon.