I guess so, I'm trading blind without L2 so all I saw was the lowest ask. I see 60k at .012 and that's not too bad for bid support, assuming there's more under that and some AON orders not showing.
We have had some green days up to 5 or 8 mil, but a lot more days under 500k, so without more deep pocket buyers it could take some time to get thru these blocks.
I wonder why they want to sell so low? Relative to the average daily volume, that's too much to sell. Can't be many convertibles left or the CFO wouldn't be buying.
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