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If you strip out the dumping transactions (multi-million share batches that occur in a matter of a few seconds), I think there are more buys than sells.
So, "typical" investors (as opposed to Toxic Debt Sellers) are buying more than selling.
If we can get past this dumping problem I think we'll see some improvement.
A positive press release would be nice right about now, to kinda offset this crazy dumping that's going on.
I don't think the management team knows how to handle this situation.
Is there any reason to think that this stock may have a bump in the near future? I've been holding for a while, and it's dwindled to almost nothing. Might sell it and buy a six-pack for Friday Happy Hour with the proceeds.
Aside from a 90 Second Dump Session at 9:51am (3.399m shares, or $6.1k), Buy/Sell is a 2/1 ratio.
2.45m shares.
Today is the day. Blastoff.
With the exception of about 5 minutes worth of rapid-fire sells (10mm shares) today would've been 2:1 buy/sell ratio.
Nonetheless, it is what it is. Still trading shares to pay bills. Need to get to cash-flow-positive.
Only 22m volume so far today. I wonder if that'll be the trend until some guidance is given....?