Another explanation would be the debenture holders shorted their shares during July to Nov. Then, as they covered their short, it was disguised as buying. The accumulation/distribution should NOT go up for 6 months while the PPS declines 75%+. ---------------------------- During July to Nov notice that the accumulation line show a downward trend but since Mid Nov the line started trending upwards. There's a reason because someone is loading up because this time we have dilution but the chart goes upward instead of downward.
Therefore for the doubters, check the accumulation chart yourself. IMO I am confident that we have someone or a group or YA holding on to shares that have been added to the float or shorted or someone is holding a large amount shares thats not freely trading.
The accumulation line is showing signs of a buyback/Accumulation since mid or late Nov.
I'll like folks to try to piece together the accumulation line. Something is going on.