posted
As the price goes down , the OBV goes up , didn't you say that was possibly a good thing?, Art?
Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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posted
Yes, but I don't think i ever said that here - maybe someone else did.
Money Flow can more easly diverge from price than other indicators - going up as price goes down - indicating that sellers are selling many small blocks of shares while buyers are buying few, but really big , blocks of shares. Generally the big block buyers know more than the small block (but more numerous) sellers, since you only get to be abig block trader by being successful, or otherwise having much money.
posted
I would hold my hands from this stock for now. They were adviced to have another study for their lupus drug (refutin). As per analysts this company does not have enough money to complete this study. Leaving this they only one drug in their pipe line with is a anti clotting drug, which is far from release. These were the reason it droped alomost 3 times its trading price in last week. So guy good luck if you are getting into it. This one is just like SPRT. SPRT did drop another 2$ since the last time we wrote in this column. chubby
Posts: 83 | From: NJ, USA | Registered: May 2004
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