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Gatsby

01/27/17 4:47 AM

#114942 RE: Stock_Barber #114931

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.

WDCO activity per month (month / volume / %vol of the month):
01/ 368'883 2.2
02/ 341'108 5.6
03/ 1'606'052 13.6
04/ 3'595'850 12.7
05/ 745'008 11.4
06/ 620'949 9.6
07/ 753'184 11.8
08/ 184'140 1.9
09/ 247'418 2.5
10/ 779'135 8.1
11/ 694'276 9.9
12/ 1'494'293 11.2