How do you explain where these shares are coming from?
As you know, there are theories as to where the supply of stock is coming from (MM short shares, post R/S conversion of PS) but no one has any verifiable proof.
Barrett and Posten sure aren't disclosing anything.
The stock hasn't taken off to the extent predicted by the MM short "MOASS" advocates since last Thursday. Friday was down and it closed at the HOD today, but most of the day was sideways. If it takes off later this week, their theory will be supported.
If the PPS explosion doesn't occur and the PPS returns to a downward trend, those who believe dilution possibly in form of conversion of PS will have their theory supported.
It's possible there is a lot of churning of whatever the O/S currently is by day traders who are in and out of the stock multiple times a day, creating a higher than expected volume.