Post by
trader53 on Aug 09, 2023 5:22pm
Todays trading!
Another day over 1,500,000 shares traded! What's more interesting is 345,000 shares traded on the Venture exchange, 691,000 shares traded on the ATS exchange and 502,000 on the U.S. exchange! Another day of Institutional funds lifting more shares from the retail community. Traders not paying attention to the ATS exchanges had no idea that twice as many shares traded in the dark market. The lack of news is playing into the Funds hands as impatience and fear of a pullback to the twenties retail holders panic and convert their paper to cash. Over the last two months PWM has traded over 74,000,000 shares out of a float of 127,000,000. This is a tightly wound spring and I think many will be shocked how tight the share structure will become once it breaks out to new highs.
Comment by
remucker on Aug 10, 2023 12:37am
wonder how many were naked shorts