If that were true I wouldn't have missed so many opportunities to sell.
My guess is there are either still note conversions happening or people have jumped on the FDA approval news. This stock has only ever had high volume trade days following news.
Form T trades make the volume appear higher than it really is and it makes the stock hit the radar of people who watch stocks with an increase in volume. Teaser headlines about a new app coming out and people with no knowledge of World Moto jump on the band wagon not knowing anything about the company.
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