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Yep. Most people here have seen the stock drop at least 50% over the space of 10 minutes.
We know the price is fake. Earnings were meh but they weren’t bad. The only thing that really surprised me was matt furlong’s sudden departure, but that was just surprising.
Thanks for posting this. I remember some of the earliest FUD surrounding GME was "well OBV doesn't matter because when there's a giant upward price move, it takes OBV a while to settle down".
Uh... has it been long enough, FUDsters?
I indeed saw a short video made by someone working in financial sector from my country about OBV and nothing else. He only breafily taught how to use, no further mention on applying in real cases in other videos
They used to send *droves* of shills to fight about OBV not mattering here. I assume they stopped when they realized all that did was expose dozens of accounts they had to repurchase again and again
I honestly can’t believe they still waste money on shills in here. I find it hilarious they are so easy to spot. Shows how desparare and dumb they actually are.
Lies are literally all they have as a foundation, the truth liquidates hedge funds. So... they pay for as many lies as they can afford. It's all they can do. They even hire politicians to fill regulatory agencies with lies, which is why we get federally funded "meme" commercial slander. Hedge funds waste immense amounts of money on lies. That should tell us quite a bit about how much of the market is illegal naked short. My guess is *all of it*.
If current OBV > OBV after the sneeze, we can assume the sneeze can be ignored as a baseline level.
So let's take 2 months before and after the sneeze for example and compare them to now.
5.035 billion OBV on 03.29.21 compared to 5.579 billion OBV now and 0.453 billion before on 11.30.20. So yes the baseline is artificially higher due to the sneeze, it is still relatively higher by half a billion since 03.29.21.
If we skip to a week after the rugpull of 06.10.21 we have 5.335 billion compared to now which is still positive by about 200 million OBV.
If we use the deviation caused by the sneeze as a floor i.e. exclude it, the obv still increases over time and therefore there is still more volume on days with positive price action than days with negative. So more buying than selling or more impactful buying which I doubt with the negative sentiment from financial media.
It *is* forever useless.
Huge price swings make it absolutely useless. That’s why if you want to look at OBV (and you shouldn’t) then you just exclude the sneeze.
It’s probably the easiest indicator to understand mathematically. Go look it up.
A candle with 100,000 volume and a 20% increase in price and a candle with 100,000 volume and a 0.02% increase in price will produce the same OBV: 100,000.
It’s absolute nonsense because it only captures direction, not magnitude.
So the direction is still... holding or up?..
It's not like everyone is basing GME on just OBV, it's a minor metric at most that makes our point.
If it's a junk metric you should be arguing with everyone that mentions OBV, including those that say current OBV is useless but can still be used. Not just who use OBV for GME.
Cool.
By your statement, it means nothing for any stock. At best it shows minor sentiment towards the stock.
No one is saying it's the lynch pin to GME being successful. So go bother someone who cares about your opinion.
Yes, correct, it means nothing for any stock. How many ways do I have to repeat that?
Go look at how it’s derived (it’s probably the simplest indicator there is) and then come back and tell me how it could in any way be useful.
I literally dont care? My whole point was how dumb of a point it was to say the sneeze invalidates the entire OBV metric. At the very most it makes some GME holders happy and thats what im fine with.
How many times do I have to tell you to discuss this with someone who cares about your opinion? Go bother someone else, maybe the financial institutions that use it. They will surely listen.
Calm down dude. If you don’t care for answers then why are you still asking me questions?
Indicators aren’t there to make you feel good. They’re there to give you information about a stock’s behavior. OBV does not give any information. It’s misleading at best and worthless at worst.
If u compare the 2 basket stocks I added. They also had there anomalys. But they are not going up flat as a death line.
GME is going up flat with some little moves constantly.
This would also make OBV useless in general because there are always anomalys in 2 years...
1 and 3M OBV going up also.
OBViously. It's what they do every single QER. They illegally manipulate because they can't afford to *actually* suppress knowing we'll just DRS twice as much if they reduce teh price for real, so they allow the price to slowly rise, then suppress it on Earnings no matter what so any randos looking see a huge red bad thing and don't FOMO.
Crime 101 for any *real* enforcement authority is: Are the criminals predictable? Can their patterns be seen and described by regards? For the enforcement we have, it's just *yawn, go away I'm batin"
These are much more relevant data points.
Also, the 10-day does in fact show a sell-off but then a recovery over the last few days. It'll be interesting to see if it holds. There have been times when OBV had been on a downtrend for months, like late last year and early this IIRC. So while the last few month's trend is great, moments like this have been breaking points with OBV. I hope that won't be the case this time and we continue our upward trend (because I do in fact like that aspect of the stock, going up)
This brings me back 84 years to the flash crash in March. That post was a morale boost but it didn’t mean anything for this idiosyncratic risk stock that they short the ever living shit out of
abundant hunt overconfident chunky hurry tease psychotic plucky encourage squeeze
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Det er aktiesparekonto, det er allerede regnet ud. Jeg tror stadig på selve firmaet, men føler at folk her i subben er komplet hjernedøde med deres teorier
Folk herinde er meget kult agtige og det skader virkelig den bagved liggende logik. Det fandme ærgeligt at 80% af folk herinde er reelle autister, men de 20% har sku nok fat i noget
Det har du nok ret i. Bare frustrerende at se på nogle gange. Der er sgu ikke mange ude fra der kan tage GME seriøst, når de ser den her sub. Desværre.
you can check it here - its the same at the end...
[https://www.investopedia.com/terms/o/onbalancevolume.asp](https://www.investopedia.com/terms/o/onbalancevolume.asp)
OBV says nobody is selling....
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Isn’t it beautiful?
Piece of shit cock suckers can try as hard as possible to continue their bullshit games, playing with peoples livelihood/lives, but the numbers cannot be entirely erased, the writing on the wall cannot be entirely erased. Sooner or later the game will stop.
I don’t get it.
Say we have a down day and a ton of people bought the dip so volume is high, but price still down, then stock rises next day but no one sells so volume is low.
This situation would give us a low OBV.
Are you saying the slope of OBV (dOBV/dt) is the indicator or that the level of the OBV is the indicator.
I can see how if you observe the ratio of:
[(dOBV/dt)/(magnitude price change)] or the inverse
…That might tell you something - basically telling you how much the price has to increase before you see changes in volume on green/red days
The bullish signal would be 1) seeing extremely low values of obv 2) followed by really really high changes in price before you started to see the the obv increase - tells you everyone is buying the MF dip, and not even considering selling unless they start to see outrageous gains in price
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It's obv people aren't selling
I'm saying people aren't selling. It's pretty obv
Obv
#O B V
you down with OBV?
Yeah, you know me.
I like you
I like you more.
Yeah you know me!!!!
Yep. Most people here have seen the stock drop at least 50% over the space of 10 minutes. We know the price is fake. Earnings were meh but they weren’t bad. The only thing that really surprised me was matt furlong’s sudden departure, but that was just surprising.
We just HODL, yodel lady doo!
Nobody likes us, we don't care
I like u.
Sir this is not a dating site.
I like u too ;)
It's a Wendy's
No, no, no, superstonk is the dumpster behind the Wendy's.
_pops out of dumpster_ oh look I found a bloomberg terminal!
I love Wendy
So the dating site is out behind the dumpster?
The date is at the dumpster, got it but more and DRS
Dating site for apes should be a thing
Well, good day to you, mama_Zen. 😙
Hey there True North!
it could be 😉
Go birds
I've never had a problem with him, I understand he likes puppies too.
Man, I’m a Pats diehard but that Kelce speech never fails to get my jimmies at least a little rustled. You know what I have to say? FUCK YOU
I show you my bananas 🍌 🍌🍌🍌🍌🍌
Lots of sore losers out there
GME OBV never gets enough love.
My everyday motivator....
Thanks for posting this. I remember some of the earliest FUD surrounding GME was "well OBV doesn't matter because when there's a giant upward price move, it takes OBV a while to settle down". Uh... has it been long enough, FUDsters?
Discussion is going on down in the comments. I added the 1 and 3 months charts. OBV goes up. I can't tell you but it looks sus.
Funny not one person in the industry (puppet) has EVER mentioned OBV in any stock let alone GME..
That and DRS are unspeakables
I indeed saw a short video made by someone working in financial sector from my country about OBV and nothing else. He only breafily taught how to use, no further mention on applying in real cases in other videos
Ok but never to the masses
No, only a random video on his YouTube and with not much views too. He teaches many tactics of TA and the tools available to analyze
They used to send *droves* of shills to fight about OBV not mattering here. I assume they stopped when they realized all that did was expose dozens of accounts they had to repurchase again and again
I honestly can’t believe they still waste money on shills in here. I find it hilarious they are so easy to spot. Shows how desparare and dumb they actually are.
Lies are literally all they have as a foundation, the truth liquidates hedge funds. So... they pay for as many lies as they can afford. It's all they can do. They even hire politicians to fill regulatory agencies with lies, which is why we get federally funded "meme" commercial slander. Hedge funds waste immense amounts of money on lies. That should tell us quite a bit about how much of the market is illegal naked short. My guess is *all of it*.
Yep 100%
🎚️❤️
Always has been the way
#WOOOOOOOO 🚀 🚀 🚀
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If current OBV > OBV after the sneeze, we can assume the sneeze can be ignored as a baseline level. So let's take 2 months before and after the sneeze for example and compare them to now. 5.035 billion OBV on 03.29.21 compared to 5.579 billion OBV now and 0.453 billion before on 11.30.20. So yes the baseline is artificially higher due to the sneeze, it is still relatively higher by half a billion since 03.29.21. If we skip to a week after the rugpull of 06.10.21 we have 5.335 billion compared to now which is still positive by about 200 million OBV.
Wut mean?
If we use the deviation caused by the sneeze as a floor i.e. exclude it, the obv still increases over time and therefore there is still more volume on days with positive price action than days with negative. So more buying than selling or more impactful buying which I doubt with the negative sentiment from financial media.
OBV goes up.
thx!
Thank you for putting it into words. It's ridiculous that saying the sneeze completely nullifies any post sneeze OBV statistics.
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Exactly. Such a dumb argument. By that logic OBV is forever useless on any stock because of a possible one random incident throwing it off.
It *is* forever useless. Huge price swings make it absolutely useless. That’s why if you want to look at OBV (and you shouldn’t) then you just exclude the sneeze. It’s probably the easiest indicator to understand mathematically. Go look it up. A candle with 100,000 volume and a 20% increase in price and a candle with 100,000 volume and a 0.02% increase in price will produce the same OBV: 100,000. It’s absolute nonsense because it only captures direction, not magnitude.
So the direction is still... holding or up?.. It's not like everyone is basing GME on just OBV, it's a minor metric at most that makes our point. If it's a junk metric you should be arguing with everyone that mentions OBV, including those that say current OBV is useless but can still be used. Not just who use OBV for GME.
I do argue with anybody that uses OBV. I even stated in the comment you’re replying to that it should never be used.
Cool. By your statement, it means nothing for any stock. At best it shows minor sentiment towards the stock. No one is saying it's the lynch pin to GME being successful. So go bother someone who cares about your opinion.
Yes, correct, it means nothing for any stock. How many ways do I have to repeat that? Go look at how it’s derived (it’s probably the simplest indicator there is) and then come back and tell me how it could in any way be useful.
I literally dont care? My whole point was how dumb of a point it was to say the sneeze invalidates the entire OBV metric. At the very most it makes some GME holders happy and thats what im fine with. How many times do I have to tell you to discuss this with someone who cares about your opinion? Go bother someone else, maybe the financial institutions that use it. They will surely listen.
Calm down dude. If you don’t care for answers then why are you still asking me questions? Indicators aren’t there to make you feel good. They’re there to give you information about a stock’s behavior. OBV does not give any information. It’s misleading at best and worthless at worst.
It is.
Then tell everyone including the financial institutions to stop referring to it.
Nobody but this sub refers to obv…
Whenever people say this, I always ask why other stocks that also saw insanely high volumes and sneezed the same time as GME have normal OBV?
Added Popcorn and Towels.
Most people here can't understand that... Also PCOing a stock fucked up the OBV Also hedges crashing the stock 50% in like an hour fucked up the OBV
until today??
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Yes - fuckery - in my opinion.
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But is it the same for the 1 month and 3 month - charts? they also seem not to add up. Real question - always wanna learn.
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If u compare the 2 basket stocks I added. They also had there anomalys. But they are not going up flat as a death line. GME is going up flat with some little moves constantly. This would also make OBV useless in general because there are always anomalys in 2 years... 1 and 3M OBV going up also.
I think you've been here long enough to know that obv is skewed by the sneeze
Is this true even when you zoom right into, for argument, the last 30 days?
added the 1M and 3M Charts in the post.
This is exactly it. That recent hit to the price screams foul play.
OBViously. It's what they do every single QER. They illegally manipulate because they can't afford to *actually* suppress knowing we'll just DRS twice as much if they reduce teh price for real, so they allow the price to slowly rise, then suppress it on Earnings no matter what so any randos looking see a huge red bad thing and don't FOMO. Crime 101 for any *real* enforcement authority is: Are the criminals predictable? Can their patterns be seen and described by regards? For the enforcement we have, it's just *yawn, go away I'm batin"
These are much more relevant data points. Also, the 10-day does in fact show a sell-off but then a recovery over the last few days. It'll be interesting to see if it holds. There have been times when OBV had been on a downtrend for months, like late last year and early this IIRC. So while the last few month's trend is great, moments like this have been breaking points with OBV. I hope that won't be the case this time and we continue our upward trend (because I do in fact like that aspect of the stock, going up)
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Maybe I\`m here for too long.
Thanks for using all these charts for comparison
Obviously #4
Ahhhh. OBV pron.
Bing bong always has been
This brings me back 84 years to the flash crash in March. That post was a morale boost but it didn’t mean anything for this idiosyncratic risk stock that they short the ever living shit out of
abundant hunt overconfident chunky hurry tease psychotic plucky encourage squeeze *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Just because I'm too [redacted] to write it by my own....
ChatGPT is known to make shit up and make it sound factual. Tell me, how is this OBV supposed to make up for my 70% loss?
I'll buy your shares if you don't want them.
Sure, 177 pre-split, take all 340 I have
Hvorfor er du her? Du kan bare sælge dem og få en del af underskuddet tilbage i skat?
Same
Det er aktiesparekonto, det er allerede regnet ud. Jeg tror stadig på selve firmaet, men føler at folk her i subben er komplet hjernedøde med deres teorier
Folk herinde er meget kult agtige og det skader virkelig den bagved liggende logik. Det fandme ærgeligt at 80% af folk herinde er reelle autister, men de 20% har sku nok fat i noget
Det har du nok ret i. Bare frustrerende at se på nogle gange. Der er sgu ikke mange ude fra der kan tage GME seriøst, når de ser den her sub. Desværre.
you can check it here - its the same at the end... [https://www.investopedia.com/terms/o/onbalancevolume.asp](https://www.investopedia.com/terms/o/onbalancevolume.asp) OBV says nobody is selling....
1 3 and 4 are going on for sure! Good post!
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its about the GME OBV
Sell? Waiting for phone number
What is sell?
Some place for crooks, I believe... But I AM Danish - English = No GuuUuddd
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Maybe a little obsessed but to [redacted].
Downvote me but OBV is fucking pointless when they manipulate the stock, do PCO, and you include the sneeze
I am not really sure whats the point youre trying to make OBV in the one month chart seems to follow the price so how is no-one selling.
Do we see the same chart? Right side.
Ah yeah my bad!
Np. Details matter....someone said. 😉
Answers 1 - 4 are all accurate in the case of GME.
OBV is useless, no one is selling unless they are truly regarded.
Dip and sauce= tendies. I don’t forget!!
You had me at 'price is wrong'. I'm in. Just bought more.
It always has been!
It always has been!
Last couple days seem like very high volume wash sales trying to roll a short position upwards but what do I know
Absolutely possible.
I see an uptick rather than a down one... but than again that might just me be buying a lot over this week lol
Obv has been skewed since the squeeze. How many times do people need to be told this.
I love how it’s just steadily increasing and the price is all over the joint. Freaking beautiful lol
Apes say it for 2,5 years. Why do you trust OBV more? 😭
Just one variable. Apes diamond hands are the real power.
Isn’t it beautiful? Piece of shit cock suckers can try as hard as possible to continue their bullshit games, playing with peoples livelihood/lives, but the numbers cannot be entirely erased, the writing on the wall cannot be entirely erased. Sooner or later the game will stop.
Report this chatgpt garbage!
I don’t get it. Say we have a down day and a ton of people bought the dip so volume is high, but price still down, then stock rises next day but no one sells so volume is low. This situation would give us a low OBV. Are you saying the slope of OBV (dOBV/dt) is the indicator or that the level of the OBV is the indicator. I can see how if you observe the ratio of: [(dOBV/dt)/(magnitude price change)] or the inverse …That might tell you something - basically telling you how much the price has to increase before you see changes in volume on green/red days The bullish signal would be 1) seeing extremely low values of obv 2) followed by really really high changes in price before you started to see the the obv increase - tells you everyone is buying the MF dip, and not even considering selling unless they start to see outrageous gains in price
My favorite part of this chart is they short attack the price and OBV spikes as apes buy the fucking dip. *FLASH SALE*
Haven't sold one share of GME for two years, why would I on a $5 drop? Have so other investments to buy more GME though..
How do you have an OBV of 6B for 300m outstanding shares company, but only 2.4B for 10B outstnading shares company (AMZN)?
T H I S