Tuesday, December 07, 2021 12:02:16 PM
My response: from July until the end of September, the price drop from $2.50 to $1, before the little Bank shares were eligible to be sold. Then the price briefly jumped to $1.80 on news that the FCC had successfully tested the mirror. So there was significant retail buying and selling before the little Bank shares hit the market. From mid-october on, it's conceivable that sales of those shares have at least contributed to the downward price trend, although I don't know of any evidence that they are totally responsible
But it does not seem reasonable to claim that the 19%drop yesterday was caused by a littlebanc dump. The drop cameright after Stewart's teleconference a news news that f FCC certification was granted rather than a highly coincidental little Bank dump, I think it makes much more sense to assume that investors are becoming discouraged by several factors I described in a previous messagend
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