WDCO - the numbers. WDCO is a recurrent concern. I agree that it has been on the ask size and that it methodically lowers the prices but more by inducing players to sell than by selling itself shares. I checked (again) the numbers: http://otce.finra.org/MonthlyShareVolume
2016 total volume : 125.2M shares but there is a mistake in August on the website, correct number is 132.4M 2016 December volume: 13.3M 2016 December WDCO volume: 1.5M (11.2%) volume 2016 11.4M shs So if all trades of WDCO were sales in 2016, this is "only" 11.4M shs....Let's say with an average price of 0.03, this is 345'000 USD.
A few stats for ref: Main MM by 2016 volume (checked through export on Excel): CDEL 44.3M shs (33% of total) ETRF 25.8M shs 19% NITE 25.3M shs 19% WDCO 11.4M shs 9% VNDM 8.5M shs 6% CSTI 8.0M shs 6% ATDF 7.2M shs 6% Others for 1% of the total.