SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John S. Baker who wrote (4980)1/6/1999 9:38:00 AM
From: John S. Baker  Read Replies (1) of 6931
 
OFF TOPIC....

To show the value of MFI (Money Flow Indicator), take a look at this chart for DGTC over the last six months:

bigcharts.com

Note that in September, the stock couldn't struggle above 7 1/2. To some observers, this might indicate that the stock had hit a wall and was not going to go any higher.

But the MFI almost doubled during that "stagnant" period. Somebody was buying DGTC, and a lot of it, but had set a limit price for his purchases of 7 1/2 per share.

Once he had bought his fill, support for the price fell briefly, and then demand outstripped supply until about December 1st.

Note also how the MFI has risen steadily throughout the whole period. This would suggest that the entire dip below $11 was a magnificent buying opportunity. Weak hands ("retail") were bailing out but strong hands were staying, and buying.

JSb.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News