Your post is spot on and that is why I stopped posting a few months ago. I’m still holding but got tired of playing the devils advocate. I sure hope that we’re wrong with this thought process.
Looks like to me there has been accumulation. Almost a double off the bottom. Not much selling but a whole lot more buying.
Level 2 didn't show massive shares on the ask so perhaps Holcomb's, Humphreys or anyone else in OG couldn't get shares. Tomorrow's another day and final testing ends 12/6.
Come up any excuses the simple fact is at this moment WOR of 48/52 is already a big deal. Anymore is a huge deal