from the end of August until the 26th of this month, the OS increased by 80M.
the rule of thumb i use for tracking absorption -- and i am by no means an expert -- is approximately 3 to 1. 1 sold, 1 bought, 1 absorbed and 1 daytraded.
iow... lacking major news or pump, provided there is no further dilution, this'll need to see between 240 to 320 million shares traded.
WPNC did a total of 9.5M in Sept. and ITLV has traded 120M over the last ten days.
like it or not... HDSN could be here for awhile.