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Re: RANGOLEGEND post# 129774

Thursday, 10/07/2021 3:00:34 PM

Thursday, October 07, 2021 3:00:34 PM

Post# of 198826
A couple of tools to watch for dilution are Accumulation / Distribution and On Balance Volume.

https://www.investopedia.com/terms/a/accumulationdistribution.asp

https://www.investopedia.com/terms/o/onbalancevolume.asp

Below are the charts for ENZC showing these metrics on the 1D and 4h. There does not appear to be dilution as the values for AccDist and OBV more or less match the stock's price movement. AccDist is well above the zero line.

Contrast this to charts from a company with strong dilution - every time PS*U runs, it gets much more distributed, and AccDist gets much more negative. https://i.ibb.co/j4hvL7y/20211007-psru-accdist.png


1D



4h