Matthew Berg: I can't respond to you on the other

Matthew Berg: I can't respond to you on the other board and know you monitor this one as well. Therefore, about your post attempting to challenge my "On Balance Volume" calculations that show recent accumulation, and a rising OBV field trend in MRIB. I suggest you go to etrade.com and look up MRIB. Press "Advanced Chart," then under technical lower indicators press "On Balance Volume." Then put in the custom time period of 2/13/15 - 4/3/2015. What you will find is a reputable brokerage site showing 36.6 million shares of accumulation during that time period. Only difference between their numbers and mine are they round off to the hundreds.

I've been applying OBV to stocks for over 30 years sir. I've read or referenced Joe Granville's book a thousand times. Based on your post, you do not have a full understanding how this particular technical indicator works. I would appreciate if you would read the book before debating me on it's merits. I'm applying it to MRIB for the fun of it. So far it's showing underlying accumulation since the conversion selling stopped and the Bodie agreement was reached.

I will post it daily (good or bad) until we see how accurate it is with a sub penny stock like MRIB. It works very well with big board stocks. Right now I'm impressed by what its confirming with MRIB. If it is correct then any entity hiding a short position is going to get crushed, thereby further exacerbating the pps increase that OBV is starting to show is coming.

Chewie

Note: My opinions in this posting are just that, "opinions." Please make your own investment decisions. Happy trading, and best of luck to you with achieving prosperity.