RE:Premier Miton took 16 million shares.........Wow, they took 66 % of the issue, I presume the balance of 8 Million shares was placed in Canada and has a 4 month hold.
That's impressive and I suspect that as this play matures more stock will flow into the hands of Institutional buyers and out of the hands of retail. This is the same rotation I've seen elsewhere as retail makes the money in the earlier stages but just doesn't have the ability to analyse what's going on or the patience to hold the stock through the inevitable ups and downs.
Our friend WC is a perfect example of this, an ignorant fickle retail investor with the attention span of a gold fish who needs constant reassurance but inevitably steps on a land mine and blows up.
His AAV trade is blowing up already, poor deluded soul.