Monday, November 18, 2019 9:24:41 AM
But knowing what we know, and what we suspect is that they continue to dump shares methodically.
My take:
As of the last Monaker filing on 10/15, they had sold about 40 million share give or take (I am going from memory). Which would mean they had just over 100 million left. In looking at the average volume sine that filing, the average volume has increased in the month of November. From 10/15 until the end of October the average daily volume was about 4.5 million shares. In November, the average daily volume has increased to 10.8 million shares. I do believe most of the increase is due to Monaker selling but it also caused some stop loss triggers and panic selling.
Assumption: Monaker has sold an average of 4-5 million per day in November. If that is the case, they would still be holding about 50-60 million shares.
Again this is just an opinion.
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