Volume - possible MM positionExactly 3 weeks into Jan we are at 138.067mil in total volume
Nov 11 to 30th - 67.5mil total volume - MM sold 12.648mil shares - 18.7% Volume
December 4 to 31st - 104.155 total volume - MM sold 23.509mil shares - 22.57% of Volume
If MM sold every day in JAN ~20% of volume they may have been able to liquidate another 27.6mil shares.
Leaving about ~ 26.5mil shares NET.
Conceivable that earnings Feb 10-14 may bring large volume - and MM can be completely liquidated out within the next 3-4 weeks. Especially with good earninings on the horizon.
I believe this is the last impediment - to the face ripping rally transporter and all of us are looking for. Its interesting to note - that despite MM liquidation - we have been going "UP" still.
My only guess as to "why" is that they have largely exited their canadian cannabis plays, except for their convertible debentures - which they keep.
Plus - they had too large a position in the company overall. From a risk perspective - I get that.
Well see early february their position - and what happens from there with earnings.