Friday, April 11, 2014 9:53:33 AM
LOL..I did the exact same calculations a couple days ago....
It's difficult to narrow down the numbers due to flippers coming in and out as well. Even if there were zero flippers it would take a billion sold a day for 30 trading days (45 days including weekends)....cut that in half to an average of half a bill and it would take 90 days..and 180 days at 250M a day, and so on and so forth. I'd say there is at least 15 B left at this point...meaning middle of Summer/early Fall before it's time to "play" again. That's unless you have big money and big balls to play the ticks until then.
I don't expect buying pressure to be strong until the SEC MJ shakedown has blown over...which translates into dead money for the foreseeable future.
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