LOL. There is much about the stock market that 'makes no sense'...
It just traded 120 million shares a few days ago. Eyes still on it. Trying to create the illusion of activity still. Only trading 500k shares today WITH all of that.
You also have to consider it could've been someone working to cover their large short position taken on Monday too.
Many things it could be, but simply taking it at face value that someone was "loading the boat" is not one of them in this scenario. It's going to take WEEKS (if not MONTHS) to undo the damage of Monday...barring something tangible from the company (or another pump job)...so there is no reason for someone to load the boat this quickly after what has transpired this week.
That's why I'm exercising patience before even starting in myself. If this volume continues to fade, the folks who bought Monday will panic sell daily...likely driving this back to the lows (possibly new lows). Harsh reality of garbage small cap land after big volume pump n dumps on no news.
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