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Re: None

Thursday, 07/15/2021 6:40:23 AM

Thursday, July 15, 2021 6:40:23 AM

Post# of 232959
Some numbers for thought:

Nearly 2 months to date on 5/17 is when the slightly err'ed FDA report came out, dropping CYDY stock like an old shoe.
Using napkin math, lets assume 40 trading days. Looking at daily volume, we're estimating near 1.5mm/day. Lets remove our favorite shorts from the equation and give them a healthy assumption of 50%. That leaves us with 750K * day volume which if you sum up and divide by float gets us to near 5% (4.9%) on the long side. I know some people were taking advantage of the super bargain basement prices but probably makes just a fraction of this percentage.
So question is, who's buying? Any new "RETAIL" investor would have threw this stock off their scanner after reading that petty FDA report, right?
Is it the 13Der's? From last amendment, they did add but (haven't ran true numbered calcs) but I don't think its 5% of O/S.
So, who's bought near that magic 5% number where you need to start disclosing your holdings?

Numbers for thought...

Happy Thursday LONGS, we're in for beautiful uptrend.

GLTU/A.

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