Wednesday, September 29, 2021 9:47:11 PM
A little math here to hopefully convince you guys they have not finished selling. I took from end of March and went to the end of Oct. which is 26 weeks. Note Oct has not even started but for math purposes and no holidays accounted for I used 120 trading days. Thus 6,000,000(shares)÷120(days)=50,000 shares sold per day. Now take out holidays and another 20 trading days for Oct and the math changes even more 6,000,000÷95=63157 shares per day to be out.
Now put on your common sense caps and total volume and common sense tells you with so many low volume days AW is dumping as he really needs out and JH needs cash for his venture and again who is giving these loans. Almost nobody thus selling stock.
With last Q earnings and the future we absolutely would have separated from the pack with new high prices. Not at all saying legalization and banking wont help tremendous just saying in our particular situation these guys are the culprit and once they are gone the pps automatically reverses course.
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