RE:Trading RangeGringotts wrote: Having watched the trading over the past two day, it appears someone (an entity) is liquidating a rather large position in ATH. The bids have been huge and the trading range has been very limited. The seller seems to be carefully liquidating their position without cratering the stock. They probably want to be out of their position by the end of the quarter. If this is indeed what is happening, who is doing the selling and, once they are finished, what will happen to the stock price? As for the first question - I don't know. But I think we all know the answer to the second question. :)
Yes we do all know the answer. As fantastical and entertaining as your allegation may be, I've heard it EVERY SINGLE MONTH since he bought in January of 2020. At 18 cents. No, he's not selling. Again. Yes, there is nobody else to point a finger at with a big block of stock. But this stock has traded 5 to 10 million shares almost every day for years. Let's review a few. March 15 , traded over 30 million shares in ONE day. A lot of speculation, but it wasn't him. Friday March 3, Monday March 6, traded over 40 million shares. Not him. Jan 30,31 traded over 40 million. Not him. Etc etc. There is NO WAY after appearing on BNN less than a week ago with ATH as a TOP pick, he's selling a single share. There may be some unscrupulous investment managers that might sell shares shortly after giving them top pick status, but no way he's one of them. In fact, I'd be surprised if any regular guest would risk their very highly lucrative career to shave a point or two. Sorry, try again next time.