AI
Friday, July 21, 2017 12:49:23 PM
It's all in the charts. Here is a daily 3-month chart for GIGL, including indicators for Accumulation/Distribution and OBV:
Notice how shares continue to be steadily accumulated, yet the share price flat-lines or trends downwards. On a healthy, non-diluted chart, both the Acc/Dist and OBV follow the trading chart almost perfectly. This is a painfully clear indicator that the company is diluting continuously.
Notice how shares continue to be steadily accumulated, yet the share price flat-lines or trends downwards. On a healthy, non-diluted chart, both the Acc/Dist and OBV follow the trading chart almost perfectly. This is a painfully clear indicator that the company is diluting continuously.
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