Saturday, June 24, 2023 12:40:12 PM
Regarding the volume, which has been averaging 4-6M shares per day for a while, it prompts a question in my mind. We know people are selling, most likely out of frustration and cutting their losses. But who is buying and why? If NSAV is so terrible has some have suggested, then why are the shares being grabbed as the PPS goes down? Is a whale slowly accumulating and averaging down? As you suggested, is NSAV itself buying? Granted, it doesn't take really deep pockets to suck up these shares (roughly $7,000 per day or $150,000 per month) but some unknown investor/investors are putting out the cash and it can only be because they think NSAV will go back up at some point. I certainly hope they are correct!
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