RE: too much sellersactually, the velocity of the selling seems to be dissipating a bit.
most of yesterday the ratio was at least 5:1, up to as much as 12:1 sellers vs buyers.
today, the sellers can't even maintain a 2.5:1 ratio .
bullish contrarian indicator is Calvin dumping his entire position, as opposed to at his "purported" $5.00 price tag (lol).
0.51 - 0.52
451k bids through 0.50
1050k offers through 0.55