Post by
Stooge on Mar 12, 2021 12:51pm
Company Associates Heavy Sellers
Yesterday, 84% of all sales were handled by a broker anonymously. That is, the individual sellers don't even want you to know who handles their trades. Typically these are associates of the company who want to secretly offload their holdings.
Today, so far 106,000 shares have changed hands in 19 trades. All 19 sales were done anonymously.
This a bad sign. These people may yet have hundreds of thousands left to sell and are still bailing out even with the stock at its lifetime low.