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Tuesday, January 10, 2023 1:12:40 AM
It is absurd to CONsider the closing price as meaningful when the last minute tiny volume paint-uppp yobbs are so readily evident. In these cases, the VWAP is the best indicator of the day's trading and exposes the EOD painting game.
Butthay. if folks wish to claim that moving averages are bullshit, then it is their right to be DOWN 97+ percent in a bit over 5 years in this pennyscam turd.
It is most useful to look at scoreboard, and the ultimate scoreboard is PPS, and particularly the PPS over a suitable time window to damp ~OUTT the short-term variations. Which is WHY moving averages (such as VWAP) are used and reported on quotes..
It is unambiguously clear that the worst indicators for this turd are the bullshit PRs put ~OUTT by The Clownshow, either on OTC Markets, Twits, or via the Grapevine Telegraph.
DOWN 97+ percent in a bit over 5 years - scoreboard.
Butthay, the counterargument consisting of "VWAP is meaningless" is a very strong, compelling explanation of that claim and the logical, reasoned basis for it.
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