Verus International Inc (VRUS)

[varok]

Good Morning,

Let's take a look at Monaker selling.

First, the daily volume is really not that high and since July, which some have stated that is when Monaker began their selling.

The average daily volume since July is roughly about 8 million gave or take.

If Monaker indeed started their unloading back in July, we are looking at roughly about 2 maybe 3 million shares per day.

There are 22 trading days in a month and if they did start in July, that would gave us about 40 million a month he has been selling.

Fast forward to this month, November. We have roughly gone through approximately 130m shares sold from Monaker through yesterday since he began in the hypothesis of July.

Looking at the tape from yesterday, which was the lowest we have drifted down to a new low on his selling alone.

Now today's tape, appears it has slowed down a bit and maintaining a pretty decent trading range above .012.

Is Monakor about done? Something appears it maybe so.

Just another opinion.

Have a good day
varok


http://www.stockmarketquarter.com
Corporate Market Awareness Consultant