"Think about how many surrendered their shares to their broker during the grey time taking the write off because they listened to the "This will never trade again, trust me I know everything". I once looked into surrendering mine, but it wasn't a ton of money ($17k) so I decided to just risk it.
Very accurate. It was difficult to accumulate in the grey market but was plenty of capitulation.
A lot got out then and in the Canadian markets. It is all relative, I suppose. A few thousand dollars makes or breaks some.
This is a very good point to my theory regarding the tightening of DBMM float. May that were going to get out are gone. Rest already considered this investment zero long ago. So now that it's come back to life, why dump it now. Only those in financial distress will do so IMO. So I foresee DBMM trading as though it has a far lower float for the near future.