Friday, July 20, 2018 3:42:50 AM
We know that since the merger on 11/28 the OS was 1,891,045,050 and we also know that on 6/18 the OS was reported as 4,319,209,650 therefore during that time which comes to 138 trading days 2,428,164,600 shares were diluted by insiders.
Also in that 138 trading days ANDI did a total vol of 11,007,834,172. IDK when ANDI started their massive dilution on us, but assuming they started from day 1, then dilution would be a MIN of 22% of the total vol.
So if we assume the same is taking place after 6/18 and we know that 314,259,125 shares have traded in the following 21 trading days at let's say 25% the vol then we may have an OS around 4.4B ??
My posts are merely my opinions, sentiments, and speculations meant for chat with other traders who understand the risks of trading. I am NOT an expert or psychic. Treat my posts as entertainment NOT as advise. Trade at your own risk.
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