Morning all..and agreed PennyMaster..anytime BKRT is just one or 2 ticks from best ask he has shares to release..on friday at one point he was backed off..then exactly when he moved down closer to best ask shares were dumped at bid with just a few seconds...
today he's already positioned near best ask and some smaller share sells are coming thru again...however they do seem to be playing nice and trying to space out the sells and not just destroy the price with multi million share dumps.. which is somewhat positive for current holders.
If the company has any near term news..I wouldn't expect it until after the split to offer some support of the price..with the share structure getting cut down..the float will be very small..any conversions sells into that float could drop the price big percentages quickly causing some panic. Either way will be interesting to see how all this plays out.. I will be picking up a few at some point.