Retail dumping. Here's why...3.3 million sit at the bid now around .0033ish.(couple large blocks)....If its dilution of all of these supposed new shares, then why dont they just go down and get them....IF someone or some entity was trying to sell off multi millions of shares, then why leave the biggest bids of the day alone ???
you have MILLIONS UPON MILLIONS of shares to dump, and you ALREADY dumped some LOWER then the current bid today..
So why wouldn't they IMMEDIATELY go down and take those out..
Yes, they may eventually be taken out...but if you are the market maker with TENS IF NOT HUNDREDS of millions of shares to dump ..why not take them out now ? why leave them sitting for others ?
again, someone sold off in 100k blocks.....but then the big blocks show up at .0033...and they dont sell off to get out ...strange
IF IT WAS THIS MAJOR DILUTION THAT 10K DOLLARS makes a difference to that MM..they would be taken out ASAP. Would never leave them there for a half an hour or more..like we are seeing here.