MYFT take is that there are those out there that have shares they recieved either through the Morgans that were initially restricted that are now coming off restriction, some recieved shares back when if you owned 100k or more your got a 1 for 8 divi, and some recieved shares through promos not directly backed by MYFT. These are the people who are selling shares and just want to get rid of them. My other thought is that to pay for on going plans at MYFT they are selling shares to raise money, but I really hope this is not the case. If and when this bleed stops and we have solid good news the company will rise. From my perspective, I think we are a ways from this happening. At some point if it keeps dropping I know I will double down, and if others do the same we will suck up millions of shares very quickly. The bottom line is, at some point, we need definitive news that this company is producing.
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