Replies to post #48952 on JB and ZJMY Holding Co (JBZY)

[xZx]

i think it's the former shell owner's note, which must have paid for the shell and provided a float. curious to me are the two blasts of volume that total around 700M shares back in februrary. it would be easy for new management to do a buyback if the whales who own a lot of DOLV were willing to sell a few blocks back to the newco.

https://www.barchart.com/stocks/quotes/DOLV/technical-chart#/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=BBANDS(20,2);SMA(20);SMA(50);SMA(200);ACCUM;CHKMF(20);CCI(20,100);SMACD(12,26,9);RSI(12,100);STOSL(14,3);PVT;SMA(34);PTP(50);PCT(20,0.20)&sym=DOLV&grid=1&height=500&studyheight=200

for all we know, as the note holder sells, others are (and have been) loading large, with the express purpose of tightening the share structure later.