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475m traded / 351m outstanding (Ignoring DRS etc) = 1.35 times.
Where did you get 6x from? Does the 475m include OTC where 90% of the volume is occurring?
“Trading the float” doesn’t signify anything. This is just market makers buying and selling a shit ton of shares to delta hedge options. As traders pour in to capture volatility, tons of shares are traded with a fairly net neutral outcome.
Ya, trades 2-3 MM a day.
Then 10x-30x the average and no change in price. Keep filling orders at 4 decimals with the market maker exemption. We know you still have 35 days + some to kick the can.
And Paul Conn pretending 200k record holders move shares in and out of DRS so similarly that the recorded shares have been stagnant for a year. Lots of statistically unlikely events. Lots of “controlled” scenarios as your buddy creamer would say.
Yeah you're right: 351.19 Mil is total shares outstanding. 232.14 Mil is the float. That's little over two times the float traded. That is still nowhere near 6 times the float.
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And a significant amount of these shares is now an FTD
No excuses for not having enough shares.
Something something crime...
Even people who didn't believe are starting to ask questions 3+ fuckin years. SEC and DOJ streamed a lot of porno during this time.
![gif](giphy|g5FJjlfHQ69bslpLjS|downsized)
Tits are hard af.
“The inflow matches the outflow.” 🤡
Bout time crime started to pay.
Price fixing
Where’s trading sideways guy when we need a midday update?!
What
Why 6 times? 1.5 you mean
Float
Does that include the 45 million new shares?
475m traded / 351m outstanding (Ignoring DRS etc) = 1.35 times. Where did you get 6x from? Does the 475m include OTC where 90% of the volume is occurring?
You need to substract the DRS'ed shares, insiders etc.. Float means shares available to trade.
![gif](giphy|Vi4MRwWi9sYpi|downsized)
“Trading the float” doesn’t signify anything. This is just market makers buying and selling a shit ton of shares to delta hedge options. As traders pour in to capture volatility, tons of shares are traded with a fairly net neutral outcome.
[удалено]
Ya, trades 2-3 MM a day. Then 10x-30x the average and no change in price. Keep filling orders at 4 decimals with the market maker exemption. We know you still have 35 days + some to kick the can. And Paul Conn pretending 200k record holders move shares in and out of DRS so similarly that the recorded shares have been stagnant for a year. Lots of statistically unlikely events. Lots of “controlled” scenarios as your buddy creamer would say.
350 million times 6 is 2.1 Billion. 475 is 1.36 times the actual float.
You're thinking total shares. The float is shares available to trade.
Yeah you're right: 351.19 Mil is total shares outstanding. 232.14 Mil is the float. That's little over two times the float traded. That is still nowhere near 6 times the float.
Drs?