Sunday, December 26, 2021

flinch

The price journey from disclosure of SEC subpoena November 2020 at 27 to SEC settlement December 2021 at 10. 

Shareholders are passive institutions: Blackrock, Vanguard, Norges plus a series of funds obliged to hold on.  

Insiders at 50%

So 400 million shares outstanding, 200 million floating, 23% of the float is short (45 million), Institutions at about 25% long. 10 million shares traded daily.

The hardest part about playing chicken is to know when to flinch





No comments:

Post a Comment

uranium lithium bio bounces