Historical Prices
Volume Distribution Chart
I had free trail access to ShareInvestor web portal and i navigated around to search for specific information that would be useful for trading. I would say it is a pretty decent, simple yet organized portal. I highly recommend this site for people who needs a lot of useful filtered information compared to some others which information is scattered around disorganized and difficult to extract.
I was specifically looking for this stock called MapleTree Industrial Trust. Months back, when this stock was listed in the Exchange, i saw massive selldown and distribution and of course that interest me. I had no idea who was selling or why did they sold, but i guess the IPO price was $0.93 and the trading price during the opening day was between $1.15-$1.20 and profit could be made, so of course as a normal man, we look to sell to cash in profit first and once profits is made, we look to buy in again to make more money. That's the mentality. Today, i managed to dig in further and discovered that a lot of insiders are selling as shown on the screenshot above. It shows the company which is selling and the number of shares traded. That proves my point on the mentality of the crowd on the first day of massive selling on Oct 21st 2010.
After the selling for the first few days, i happen to know a friend who was also buying this stock and i told him that MapleTree is now in a accumulation phase where big operators are buying. Although the price is very discouraging, that is the whole purpose of the campaign where big operators are deliberately trying to shift your focus to some other stocks. However, this stock had never been off my eyes and i am watching it everyday. Two month ago, i told my friend that this stock is building a good news and the news will be out soon. I don't know what the news will be, but i know it will be good news cause i managed to read the minds of the big operators and how they are operating this stock. See the historical prices of MapleTree and those that i circled. Those volumes are depressing volume for the public yet very encouraging volume for the big operators. These are the volumes of good news in the making.
Today, i can firmly say that MapleTree is in a accumulation phase in due of a strong upmove. I had already told that to my friend two months back and the more i see the progression of this stock, the more i am confident of this silent upmove. Look at the volume distribution graphical chart, you can see that more people and loading up this stock as compared to people selling it. This is a strong indication of accumulation. Before i managed to login to ShareInvestor, the only way to determine the buying and selling is by looking at the bar charts, and today all the homework that i did months back together with all evidences and facts that ShareInvestor provides point this stock towards a positive outlook. Have you got yours?
Ronald K
