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saxonia40271

05/25/22 3:49 PM

#12351 RE: Gannicus #12350

The last time, the bid at 2 was almost a billion shares, was last Thursday. I take screenshots of every close. On Thursday, at 15:59:59 EST, the Ask at 3 was shown at 68,159,540 shares. However, your message is still on target, as I‘ve also pointed out before. We‘ve seen over a billion 2s traded, since Friday, but only a fraction of those has appeared on the Ask. That‘s good news. If the new owners are flippers, they clearly want more than one tick, or they’re strategic. I suspect, we were dealing with only one or two sellers that dumped those one billion 2s, but I believe, the shares were distributed to a large number of smaller buyers, with a wide variety of agendas. That, too, can be bullish.