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Re: SooS416 post# 58227

Thursday, 09/29/2022 8:35:18 AM

Thursday, September 29, 2022 8:35:18 AM

Post# of 67705
Nope, don't agree and some of the "old" shareholders who bought in the trips are among the posters here. I know them, they know me. The majority of those 267 million shares in the float are still owned by former VSHC shareholders. Take a look at the 5 year barchart.

When IVS (for MVNT) gained custodianship over VSHC on 01/22/2019 almost 25.5 million shares changed hands. In every month since a number of shares (roughly a few hundred thousend to a million) were either bought or sold. Only exception was May 2021 when 6 million shares were sold. Do the math: 44 months x 1 million shares average since 01/2019. So at least 200 million shares still owned by former VSHC shareholders.

https://www.barchart.com/stocks/quotes/MVNT/technical-chart?plot=CANDLE&volume=total&data=MO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=BBANDS(20,2);SMA(20);SMA(50);SMA(100);SMA(200);ACCUM;AROONOSC(25);ATR(14);CHKMF(20);STOFA(14,3);MFI(14,100);MACD(12,26,9);RSI(14,100);TRIX(15)&sym=MVNT&grid=1&height=500&studyheight=100