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Stockfun1

08/24/23 8:39 PM

#118452 RE: TenKay #118451

This thing confused me the more I read. So when someone sells 25M shares over time ( possibly dilution ) it is still a buy of 25M shares because for every sell someone is buying. We believe it is a block sell but, We have no way of knowing how large the blocks are on the buy side. We assume it is buying in small lots. But technically it is still a buy if 25M shares. I think no matter who you are it shows some demand for the shares because those shares got eaten up. Is this correct?
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OMOLIVES

08/24/23 9:08 PM

#118456 RE: TenKay #118451

Yes...it was a seller(dilution)...selling into a buyers market on a non-held basis.