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Friday, January 29, 2021 2:27:34 PM
Take a look at the volume leading up to that and the price points, the daily high/low spreads. Few days before up til then.
Retail blew out their positions on the 4th based on wording in the 10Q that they misunderstood. But for every seller, there is a buyer. Who do you think bought all those shares? Surely not the retail who just sold out, they are not looking back.
Those small volume days since then are impatient people or people who lost faith saying sayonara. Maybe some small tax write offs.
I think we all know what happens to a ticker when a huge settlement award is put in a 10K for all to see. See you then :)
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