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Friday, April 13, 2018 11:35:47 AM
$ETFM Had a massive move yesterday. Traded as high as .011 on much higher than normal volume. Heavy accumulation began on Wednesday 4-11-18 with extremely high volume of 26.5M shares traded. As far as I can tell, that was the heaviest volume day ever for $ETFM, according to the iHub chart.
Lighter volume today, but bouncing nicely off the low.
I suspect the noteholders finally got their shares sold and 2050 Motors is currently trading dilution free! Dilutor MM's have moved off the offer to much higher levels, and offer sizes are much more indicative of retail trading.
Perhaps we get an update soon on the Las Vegas production plant? Maybe see some verified orders/sales numbers?
Lighter volume today, but bouncing nicely off the low.
I suspect the noteholders finally got their shares sold and 2050 Motors is currently trading dilution free! Dilutor MM's have moved off the offer to much higher levels, and offer sizes are much more indicative of retail trading.
Perhaps we get an update soon on the Las Vegas production plant? Maybe see some verified orders/sales numbers?
I post facts and opinions, not investment advice.
Please conduct your own DD and trade responsibly.
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