Replies to post #4401 on Crystal Intl Travel Group Inc. (fka CINT)

[TJG]

ok guys got you back to even for the day with that 10K share buy at the end....someone here is going to owe me a big bottle of Wild Turkey when this thing hits for keep you all sane this past week...hahhahah..have a good night all

[Greenback305]

I just think your off on the MFI point. First of all, it isn't really as good of an indicator for dilution. Second, it did not start nosediving on Nov. 3, but instead when someone started selling on the fourth. Your daily chart might not show this, but I've included the 60-min below to demonstrate this.

For simplicity sake, the only indicators are the Accum/Distr., ChiOsc, MFI, and OBV. Note how with a large spike in buying volume the Accum/Dist. and ChiOsc make a corresponding move. Dilution would result in a inverse reaction.

Also, look at the MFI. It actually is increasing from Nov. 3 to Nov. 4. and nosedives when? on Nov. 4th when someone sold a large block of shares.

Now, I understand there are problems with this company as with many others. Why are you here? What are you trying to accomplish? Do you own shares in CINT or are you just a passerby? I'm really curious.

[Greenback305]

Just to follow up on my previous post. Here is a case study in dilution--EESO. Check out the telltale signs: increasing OBV and decreasing Accum/Dist.

Basically, while buyers are pumping money into the stock, the company is dumping shares, which causes the Accumulation to decrease while the OBV increases. The MFI doesn't capture this IMO.

CINT is behaving properly. Whether it was diluted on the way down from .004 is another issue that I can't answer without further study. And a 15M trading day is nothing when MMs manipulate the stock.

EESO Chart