Ubiquitech Software Corp (UBQU)

[somanymike]

Here is something I posted back in May explaining what I mean about the charts showing accumulation and such.

_____________________________

I'm definitely not trying to rain on the parade here, but because of the way accumulation is calculated it holds zero value when the stock is trading this long at .0001-.0002. It uses the high of day, low of day, closing price and volume. So in the case of UBQU, the only changing factor from day to day is volume.

PH Price High
PL Price Low
PC Price Close


PH-PL
______________*Volume for the period
(PC-PL)-(PH-PC)


So it's always



.0002-.0001
___________________________ *Volume for the period

(.0002-.0001)- (.0002-.0002)


So it will always be 1 * volume for period.

The only time it would be different is on the rare occasion it closes at .0001. On those days it would be 0* volume.


The accumulation reading from whatever site you're using is in effect just reporting total volume for the time frame, minus volume of the days it closes at .0001.