Monday, May 15, 2023 10:28:14 AM
Seems to be building. Not bad as the weak hands get flushed out on forehand.
My assumption is that with (1) a good merger (2) the consolidation around the current level (3) accumulation by a larger group of buyers (3) the reductions to the float (4) the low total OS (5) a cautious CEO, this is bound to go back to its 0.4-0.5 level.
If the CEO keeps word and gives us more news by end of May, this will go wild ...
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