It doesn't take a genius to figure out the math. That's only a whale or two from a box shift on this stock. Just saying... People don't realize that when half those 2's go- in one or two purchases no less- The remaining retail scrambles to pull their asks off. Sometimes it's too late.
The more who read the DD -focus and hone in on Scott Johnson CPA- in Cali and all the related changes set to go into effect 1/1/18- in California - the more likely this will have a few 20mil hits on 2's and off she goes. This never has less than 600mil on the BID side. That sometimes grow to nearly 900mil. And it will again.
IMO - There is a reason why the website is "still being worked on " --meaning it's still owned and likely new website designed. Ready for the right to rollout. Again- assuming this stock has about 1.3 bil in o/s and float maxed- the absorption of these shares. - is starting to happen naturally - as we already saw the turnover to 2/3 here with 3's hitting nicely last week. That will easily return as there is simply not that many shares left from the old converters who still had shares left to put into the float.
I tend to be far more patient than most - since well- I do my DD and can afford to be. I will look forward on adding more DD this weekend.
ALL POSTS are just opinion! Never BUY/SELL stock based on them! One MUST consult a licensed stock broker!