If so, would like to know via which Market Maker were they diluting it? Diluting MMs can’t sell on the bid side and all I saw yesterday was impatient retail dumping for a quick profit or for break even/losses when they didn’t get theirs. Dilution is easy to spot on L2 because VERT, VFIN or some other common diluting MM will be on the bid putting up large fake support blocks there to entice retail to either buy on ask or bid above him if the spread permits. He will then move over to the ask side and instantaneously fill multiple large orders at once when enough retail bids above him and keep repeating this process. Didn’t see that at all on HIRU yesterday. All selling was retail, imo.
Prior to last Friday, there hasn’t been a company update since last year. This resulted in a skull and bones (CE) status on OTCMarkets. Volume only came back after Friday’s shareholder update and the stock reacted favorably to it. Takes time to get out of this channel due to all the short term flipping that goes on in low triple .000 range. Volume numbers can also be very misleading down here. What matters is dollar volume.
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