I don't think it's fair to blindly guess at what percentage could be from the Chinese Investors, it could be 0% and it also could be 50+% we may never know. I do think a BIG player(s) were buying in this last 18 trading days. If the volume was chalked up to the Angel Nexus promo then we would've seen more of a dip in volume since the Q causing a more drastic drop in SP as many predicted. Since we haven't seen that so far this week my guess is majority of that 36 Million traded is long term investors with sights on $2+/share rather than shorts looking for 200-400% ROI. What's your opinion after seeing the big difference in volume and $$ spent compared to the last run?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.