Post by
BayWall on Dec 05, 2024 4:11pm
2 and a half cents!
Not knowing the circumstances and one big seller today, I will assume it's tax loss selling time.
By the same token, the stock touched 9.5 cents in March for reasons unknown.
Even with today's drop, the weekly OBV indicator remains strong. I usually use this indicator for a sell signal when a stock has advanced quite a ways upward.
But in it's intended purpose by author Joseph Granville, it works well enough to guage where the trading volume is going.