Yup. Only 11MM shares traded last week
That's only $3300.00 worth.
It was also a holiday week and, yesterday, 1/4 of those new shares traded with no increase in share price.
Wholesale dumping of over half billion shares is going on here. Why else would all the noise be going on?
What is so bad, is there is still the regular 40MM - 50MM shares per week still going into the float too.
This is a classic Death Spiral. If you watch, you will see it play out before your very eyes. The OS should be rapidly approaching the Maximum Authorized. Soon you will get the news of either an increase in the AS or a reverse split. Sort of a "Lather, Rinse, and Repeat".
News 
Market Data 
Discover 
AI
