Well Tman, I know I am. Got some on the drop to .75 earlier this week, but don't see any action realtime yet. 22000, .85 as I write. Not a strong early reaction to perceived "bad news." (Not strong enough for me, anyway!)
I think the "bleed rate" is very good news. There was a staggering amount of human effort expended to get where we are now, to say nothing of the cost of the hardware and its ramping up, and I'm more than willing to "put my 3 cents worth" where my mouth is.
Just out of curiosity: I've managed to lose my list of FNTN MMs, but wondered if anyone has correlated the large-volume buys to particular MMs. We could find out if this is in fact a focussed accumulation. Also, if one could correlate the small-volume sells that have caused price drops, and they are by the same MM, we could surmise that some pretty sophisticated money is "playing" FNTN. No idea why, but it would be interesting to track the trading by MM, and possibly get a rough idea of the region interested, possible total shares held, etc.
Anyone with L2 interested in this?
All the best,
M. |
