Hi Hubert
What with the "mind swimming" and other metaphorical chimera's afloat, here is not so much a scenario, but an interesting observation:
During the number of trading days since this sanguine drainiage began, has anyone done a low-math tally of actual total shares traded? Now I know we had our anal cavity worked over with Bluto's shoe tree, but even with the stock bloat, we ain't no ADVR with upwards of 268,000,000 shares in the boot. ADVR is sitting at .44 and less than 300k traded today.
I guess, what I have surmised, accurate or not, I don't believe all that many shares have been dumped. Is this an unwise, totally flawed assumption? Granted, Bluto moved enough, allegedly, to get his/ours, but the core of shares seem to be resting with the masses. This is not to say these bits of paper have value, but I don't see everyone running to the exits. Any counterpoint?
I guess what I am getting at is usually when a "selloff" occurs is it evidenced by the big dip and the humongous share avalanche. Did that occurr here? Other that the first bad day with less than two mill, I doesn't seem to spell out 'D-O-O-M-S-D-A-Y'...YET.
Bill Kidston
"Not long, Not short, just totally torqued" |