"This is going to be a wild assumption using data and some estimates so don’t take this as fact. Just me being bullish about this stock ??
For the month of March so far we’ve had about 5.3 Billion share volume being traded back and forth based on the visible data that we can actually see.
Keep in mind this 5.3 Billion share volume is not counting any dark pool activity and short exempts in that total. So for all we know there could’ve been 7, 8 maybe 9 even 10 billion shares traded all in all with everything combined.
Now my question is…
Robinhood if anyone hasn’t noticed yet has just updated the market cap to around $567mm dollars. Which would indicate to me that the 253million or so shares are officially being counted toward to the total share count and will probably be updated very soon on other platforms.
But….
That’s just 253 million measily shares compared to the total volume we’ve had this month so far of potentially 6-7-8-9-10 billion shares traded back and forth.
Is it possible that retail already owns the float??
(Not to mention. February we had over 1billion in visible volume.)"
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