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shotsky

11/11/21 11:09 AM

#186210 RE: DOLPHY #186178

When share price drops, people are selling at market instead of at a limit. Remember those 3.5B shares that were bought up late last year for peanuts? They are up thousands of percent now, and whoever holds them is simply dumping enough to take out a lot of cash. Eventually, that will be over, but it can take a long time to cash out half the OS.
Not much anyone can do to stop that. They bought em cheap, and are making huge profits on them now.
As I said long ago - we don't know who or why all those shares were bought up, but it had the effect of a share buyback...only half the OS has been trading this year. Now, it appears that the unknown parties are walking away with cash. Don't expect that to change any time soon. That has the same effect as dilution.