And who are these big time investment groups buying shares from? I mean if there are millions of shares being absorbed, they have to be sold by someone. MMs I doubt are selling short so many shares, since they attempt to balance their books at EOD. Even if they kept some short positions it would not be this many shares. And I don't think retail investors are selling millions of shares, so from whence do they come from?
What is really strange is the MM's have buys/sells at .031 and above and no shares lower like the normally did before the uptick started.
It's been several days now and we need to get above .04 and move on up. This is where the split took place. Right after R/S ETNL went down like an lightning bolt and was held at low .02s for weeks. Seems someones shorted big and than covered and bought a boatload for the take-off we are liking.