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Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction)
AMNF 10.200.0%10:57 AM EDT

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To: robert b furman who wrote (247)6/30/2025 8:05:41 PM
From: E_K_S  Read Replies (1) of 266
 
I have been configuring my TOS (Thin Or Swim) platform after Schwab's Street Smart Pro is/was discontinued. One of the metric on my charts is the On Balance Volume.

I would have thought that the OBV would actually been increasing over the last 3 years and especially this year. Looks like there has been continious selling from AUG of last year and a huge drop in the OBV after a huge spike in vol around 1/1/2025. Reflecting some large seller (>300K shares).

Was there a huge seller in Jan (I believe you mentioned there may have been)?

With the stock buy backs, one would expect the OBV to be net positive !

Looking at the last 90 days (from 2/21/1015); OBV is +241,709 shares !

There has been slow accumulation and w/ the news today of 25,126 shares (which is 1.36x ADV), we are seeing accelerated accumulation.

One likes to see a rising OBV POSITIVE especially as the company is buying back shares.

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We need to see some institutioanl buying to really light the fire on this name
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