Monday, September 24, 2018 10:46:31 AM
In my opinion, watching L2. We have several possibilities.
The volume although not entirely light, hasn't been heavy either. With that in mind I think its a combo of MM NITE (who is always short and has access to an extraordinary amount of shares), and impatient folks that got in higher and want very fast returns, so they are seeing there investment dwindle daily and cut their losses. That's the OTC.
Now having said that I'll be balanced and also say I can't see which MM is selling and if it's one of the notorious MMs who convert shares then, any thing can happen.
From my limited vantage point, I think the former theory and not the note conversion theory to be the likely scenario.
GLTU
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