see, this is why it is so important to believe actual uspr facts.
the last 4 trading days prior to yesterday, uspr has traded 1.7 million, 1.5 million, 1.9 million, and 2.6 million shares. in the days before that, uspr hadn't traded over 1 million shares in 24 trading days. 4 of those days, uspr didn't even trade over 100k shares.
yesterday uspr traded 551k, and today only 152k.
volume in uspr over 1 million shares only occurs when it is "created". so for there to be profit taking, there has to be the corresponding buying interest in uspr. and there isn't any.
most investors don't have the knowledge, or ability, to "create" buying. let alone 2 million shares of it. but convert holders sure do.
if uspr trades over 1 million shares, it's because the buying is created. and the majority of the selling would primarily be coming from whomever created the buying. that would be the convert holders.
no created buying in uspr. volume in uspr under 1 million.
all that's needed is to look at the tape. not where certain mm's are or other bullshit, but the actual trades in uspr. that's what's important.
clearly that uspr volume wasn't profit taking.
This post is my opinion and should not be used as investment advice.