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Thursday, December 14, 2023 12:02:38 PM
I just did some rough math using only the millions digits in the daily volume for the last 3 months. It is certainly not exact, but I think close enough for the purpose of my theory.
The total volume on green days was approximately 1.08 billion.
The total volume on red days was approximately 1.2 billion.
The difference is very close to the 1.12 million change in the share structure on 12/12.
The way I interpret this is the selling volume was basically the same as the buying volume during the artificial BS pump. I don't believe it was additional dilution.
Obviously not all volume on green days is upward, nor is all volume on red days downward. Also one caveat... I did not include the 250ish million in volume on the unchanged price days and just considered those a wash.
As an added bonus, there are VISUALLY more green bars than red bars on the volume chart, in addition to increasing accumulation.
I never claim to be an expert in anything, so if I am wrong please let me know, but tell me why.
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