“Controlled at 36% of total volume??? It's called math...again...: “
Well let’s look at the math again…but correctly.
The only comparison to the total volume should be the increase in DTC deposits, not the increase in the unrestricted. A share can have the legend removed but not be sold into the market. It only shows up as a DTC deposit once it has been sold into the market.
And the DTC deposits have increased 84 million since early December. That is 30% of the total volume traded not 36%.
so…since early December the price has dropped almost 40%, and actually lower at one point.
That kind of drop is entirely consistent with 30% new share selling volume.
But even more indicative is the fact that the selling on the bid has ROUTINELY and consistently been MULTIPLES of the buying volume from the ask.
Given all that, it is ENTIRELY reasonable for those new DTC deposits to have ALL been from the warrants.
And frankly “controlled” is the only way 30% of the trading volume in new share selling could occur and probably not crash the pps more than 40%.
Math indeed.
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