Replies to post #15841 on Can B Corp (CANB)

[reallyisme]

They do control the price via issuing new shares and selling. I own it but am also confident it's just typical OTC. Share value is not central to any plan mngmt has for the company.

[VERAX]

accumulation has nothing to do with float. It has to do with the way smart people accumulate. What you are watching is what they do. They wait out the weak. When selling into them stops they set a new lid. It's really that simple. This is just part of the game. JMHO

[Dasqeezr]

Besides that there is virtually no volume today..just a drop in the bucket

[sillylung]

You can technically say accumulation for anything when someone’s bid gets filled.

[kreilly]

not so crazy- everyone seemed to disregard this paragraph last week " Operating expenses for the year ended December 31, 2018 were $4.7 million, an increase of $3.9 million or 497%, compared to $0.8 million for the year ended December 31, 2017. This increase was mainly attributable due to an increase of $2.2 million in officer's and director's compensation and payroll taxes and an increase of $1.5 million in consulting fees, which included additional stock-based compensation of $1.7 million and $1.7 million, respectively, for a total of $3.4 million in stock-based compensation for the twelve months ended December 31, 2018." officers and directors? thought there were only 2 of them...

[vndrmlng]

The Accumulation Distribution Line is a running total of each period's Money Flow Volume.

For any SharpChart stock (like CANB), select the Accum/Distribution Line indicator towards the bottom of the page, and click "Update".

It isn't scaled on StockCharts, though, for some reason, but a good relative indicator over time nonetheless.