Wednesday, September 26, 2012

Marco Polo Marine: Accumulation mode.

On 19 June, I blogged about Marco Polo Marine's persistent insider buying activity. I initiated a long position and I have been updating that blog post in the comments section. The latest update happened yesterday.

Today, I added to my long position as its share price retraced to 34c a share.





Technically, we see the Bollinger Bands narrowing on the weekly chart. Expecting a big move in