are you serious? most of the volume you have seen has looked like nothing more than boiler room wash sale trading, which has propped and pushed the price up every day. you would be surprised how little of it is conversions at this point. they have not even really kicked in yet, although there has been obvious dilution. but, given the pps has gone up vs down over the last couple of weeks, the dilution is not the bulk of the volume. that's wash sale trading volume. you haven't even seen what dilution will do. most likely when that volume starts kicking in, the pps is gonna sink bigtime. retc has a ways to go.
