If anyone is claiming that new financing shares are issued and immediately sold coincident to good news, that strikes me as conspiracy theory, if not slander.
I do think it likely that financing shares are stored for sale, at least to a large extent, because for me that's the best explanation for huge volume spikes from market makers known to be around for those days and on the ask.
Other than financing shares, hard to see where all this kind of selling volume would come from.
Over time though, the trading "should theoretically rationalize." There will be about 85M shares traded this year, with at most 17M financing shares liquidated.
Next year, the ratio will be less, maybe even 0% issued shares.
