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Herbalife Ltd. Message Board

  • bluesky_there_to_here bluesky_there_to_here Jul 16, 2013 2:08 PM Flag

    Similar pattern in BBRY as I saw in HLF before the current big run. It's called price drop to a previous price and the OBV does not match up

    As I posted on here right before the big late run of HLF, I said the MArket Makers were pulling your chain or trying to fool you because the price was dropping and went to a level where I could compare the intraday OBV with a previous same price level and the OBV was still elevated indicating that they were playing you at the time maybe to find shares if they were low on inventory or wanted to build inventory before a big run.

    As I posted on here a while back, you may remember I said that OBV is one of the hardest technical factors/indicators for market makers to fake. They can paint fake many things like closes, MACD etc etc but they have an extremely hard time faking the OBV and that is what I am seeing in another investment called Blackberry where there is a HUGE outstanding short position of 184 million shorted shares in that BBRY out of 524 million shares. If they get a buyout offer or someother greatly positive item then a Mother of all Short Squeeze could happen there too.

    HLF is having a nice run the past few weeks since 6/24/13 going from 42.78 to 53's.

    Good luck to all.


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